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Your company just bought $55,000 in goods from your supplier on trade credit terms 1/10 net 45. Your opportunity cost of funds is 12%. On
Your company just bought $55,000 in goods from your supplier on trade credit terms 1/10 net 45. Your opportunity cost of funds is 12%.
- On which pay should you pay?
- If your supplier is now offering a 3% discount if the payment occurs on delivery. Otherwise, you receive net 45 days. What should you do under these terms?
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
