Mathematics, 03.12.2019 20:31 httpsjuju

Buskirk construction buys on terms of 2/15, net 60 days. it does not take discounts, and it typically pays on time, 60 days after the invoice date. net purchases amount to $650,000 per year. on average, how much "free" trade credit does the firm receive during the year? (assume a 365-day year, and note that purchases are net of discounts.)a. $31,253b. $27,781c. $31,788d. $26,712e. $22,705

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Buskirk construction buys on terms of 2/15, net 60 days. it does not take discounts, and it typicall...

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