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Your firm purchases goods from its suppler on terms of 4/20, net 35. What is the effective annual cost to yourfirm if it chooses not

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Your firm purchases goods from its suppler on terms of 4/20, net 35. What is the effective annual cost to yourfirm if it chooses not to take advantage of the trade discount offered? NOTE: Provide your answer IN PERCENTAGES with 2 decimals. If your computation is 0.354675, you must answer 35:47 97.33

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