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Business, 11.07.2019 01:00 valles36

Howes inc. purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 50. if the firm chooses to pay on time but does not take the discount, what is the effective annual percentage cost of its non-free trade credit? (assume a 365-day

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Howes inc. purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 50. i...
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