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What is the effective cost of not taking the cash discount of 3/10, net 30, using a 360-day year (see page 504)? Show your work.
What is the effective cost of not taking the cash discount of 3/10, net 30, using a 360-day year (see page 504)? Show your work.
(please do not write this out and take a picture, but rather type it out on the computer to post)
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