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Business, 23.03.2021 04:40 minosmora01

Trade credit and discounts are important strategies used by firms in the daily operations of their business. Calculate the cost of a firm's trade credit in each of the following situations (answers should be carried out to 2 decimal points, e. g. 35.78%, not 35% or 36% !) a) 2/12, Net 32 b) 3/15, Net 36 c) 2.5/18, Net 35 d) 2.25/20, Net 38

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