Question
Your company is offered terms of trade of 2/10, net 30 but is not able to take the 2% discount. In other words, you don't
Your company is offered terms of trade of 2/10, net 30 but is not able to take the 2% discount. In other words, you don't have the cash flow to pay the bill and receive the discount within 10 days, what is this going to cost you?
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley Eakins
6th International Edition
0321552113, 9780321552112
