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Business, 17.06.2020 17:57 cooper2017

A buyer of $8,300 in merchandise inventory failed to take advantage of the vendor's credit terms of 3/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of:

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A buyer of $8,300 in merchandise inventory failed to take advantage of the vendor's credit terms of...

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