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Your company buys from a supplier who offers credit terms of 3/10 net 130. Discuss whether your company should or should not pay cash for
Your company buys from a supplier who offers credit terms of 3/10 net 130. Discuss whether your company should or should not pay cash for the goods it buys if it can borrow funds from the bank at 10% per annum. (Use a 360-day year for your computations.)
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