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Question 2 6 Lincoln offers credit terms of net 3 0 and net 5 0 . Management believes that 6 0 percent will receive net
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Lincoln offers credit terms of net and net Management believes that percent will receive net and the rest will receive net Management expects that percent of the net group will pay on time, and the remaining percent will pay days late. They also expect that all of the net customers will pay on time. Calculate the ACP.
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