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QUESTION 40 Scott Company purchased merchandise with an invoice price of 53.000 and credit terms of 1/10, 1/30. Assuming a 360 day year what the

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QUESTION 40 Scott Company purchased merchandise with an invoice price of 53.000 and credit terms of 1/10, 1/30. Assuming a 360 day year what the rest rate inherent in the credit terms A10 O 3.20 C 36 D.249

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