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P16-2 Cost of giving up cash discounts Determine the cost of giving up the cash discount under each of the following terms of sale. (Note:

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P16-2 Cost of giving up cash discounts Determine the cost of giving up the cash discount under each of the following terms of sale. (Note: Assume a 365-day year.) a. 2/10 net 30 b. 1/10 net 30 c. 2/10 net 45 d. 3/10 net 45 e. 1/10 net 60 f. 3/10 net 30 g. 4/10 net 180

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