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Business, 27.06.2020 02:01 christophers349

Arnold Inc. purchases merchandise on terms of 2/10 net 30, and it always pays on the 30th day. The CFO calculates that the average amount of costly trade credit carried is $375,000. What is the firm's average accounts payable balance

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Arnold Inc. purchases merchandise on terms of 2/10 net 30, and it always pays on the 30th day. The C...
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