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There are four options for sales on credit terms as following: Option A. 2/10. net 60 Option B. 2/10, net 90 Option C. 3/20,
There are four options for sales on credit terms as following: Option A. 2/10. net 60 Option B. 2/10, net 90 Option C. 3/20, net 60 Option D. 6/10, net 90Which credit terms options has the highest cost of forgoing a cash discount (assume 360 day a year)? option C option A option B option D A firm has fixed operating costs of $4,500, the sale price per unit of its product is $12, and its variable cost per unit is $7. The firm's break-even point in unit is: 643 900 375 6,000 A firm borrows $25,000 from the bank at 12% compounded annually to purchase some new machinery. This loan is to be repaid in equal monthly installments at the of each month over the next five years. How much will each monthly payment be? $556.11 $416.66 $6,935.00 S666.66
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