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Pets Store Inc. sells on terms of 3/10, net 70. What is the effective annual cost of trade credit under these terms? Use a 365-day
Pets Store Inc. sells on terms of 3/10, net 70. What is the effective annual cost of trade credit under these terms? Use a 365-day year.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
