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Ziff Corp. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Ziff Corp. sells
Ziff Corp. has a very attractive credit policy, and none of its customers pays in cash when the firm makes a sale. Ziff Corp. sells to its customers on credit terms of 3/10, net 30. If a customer bought $200,000 worth of goods and paid the firm cash eight days after the sale, how much cash would Ziff Corp. get from the customer? $194,000 $200,000 $165,000 $180,000 If the customer paid off the account after 15 days, Ziff Corp. would receive _____
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