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Sue Cole is a new accountant with Crane Company. Crane purchased merchandise on account for $ 9 , 0 0 0 . The credit terms
Sue Cole is a new accountant with Crane Company. Crane purchased merchandise on account for $ The credit terms are n Sue has talked with the company's banker and knows that she could earn on any money invested in the company's savings account. a Should Sue pay the invoice within the discount period or should she keep the $ in the savings account and pay at the end of the credit period? Support your recommendation with a calculation showing which action would be best. Sue take the discount as it will result in v of $
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