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Suppose Taylor's guitars is considering whether it wants to pay its distributor early to receive a cash discount. Its terms are 2 / 1 0
Suppose Taylor's guitars is considering whether it wants to pay its distributor early to receive a
cash discount. Its terms are net Because Taylor's doesn't have the funds to cover that
expense now, it would have to take out a shortterm bank loan with an effective rate of
Should it take the cash discount?
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