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Please do questions 7&8 Trade Credit 7. Assume the credit terms offered to your firm by your suppliers are 3/5, net 30. Calculate the cost

Please do questions 7&8 image text in transcribed
Trade Credit 7. Assume the credit terms offered to your firm by your suppliers are 3/5, net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays Your supplier offers terms of 1/10, net 45. What is the effective annual cost of trade Tort Peader Company supplies bulletin board services to numerous hotel chains on day 30. 8. credit if you choose to forgo the discount and pay on day 45? in tho docirahility of emploving a

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