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Given the following information for credit terms offered to a firm by its supplier, when should the firm pay the invoice? Late (assuming the firm

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Given the following information for credit terms offered to a firm by its supplier, when should the firm pay the invoice? Late (assuming the firm is not concerned about reputation and based on the number of days reflected in the chart) Immediately upon receipt of the invoice On the last day of the credit period On the last day of the discount period

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