Business, 03.01.2020 03:31 vane1161

Safety window and door co. 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 $450,000 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. $18,493 b. $20,389 c. $22,479 d. $21,408 e. $19,418

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Safety window and door co. buys on terms of 2/15, net 60 days. it does not take discounts, and it ty...