Question
Pets Store inc. sells on terms of 3/20, net 45. What is the effective annual cost of trade credit under these terms? Use a 365-
Pets Store inc. sells on terms of 3/20, net 45. What is the effective annual cost of trade credit under these terms? Use a 365- day year. Please provide the formula and show how to calculate the problem step by step.
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Shrimply Inflation
Authors: Eiche Gardner
1st Edition
B0BYLXHYCY, 979-8386901233
