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We're reviewing some of Toyota's credit and financing policies to see if they should be updated. Toyota does not currently take any early payment discasunts

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We're reviewing some of Toyota's credit and financing policies to see if they should be updated. Toyota does not currently take any early payment discasunts offered by our suppliers. How much is this practice costing us? Calculate the cost of not taking a 3/15 net 40 discount. (Enter the answer as a percentage with 1 decimal.)

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