Tractor Supply Co offers its customers payment terms of 4/10 EOM, net 60. Assuming 365 days in a year, calculate the implicit cost of trade credit (Do not round intermediate calculations. Round final answer to two decimal places). O 34.72% O none of the answers is correct. O22.63% O 29.41% O 25.53%

Tractor Supply Co offers its customers payment terms of 4/10 EOM, net 60 . Assuming 365 days in a year, calculate the implicit cost of trade credit (Do not round intermediate calculations. Round final answer to two decimal places). 34.72% none of the answers is correct. 22.63% 29.41% 25.53%