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Business, 07.05.2021 15:40 lzjsjdhdgd442

Tangshan Mining was extended credit terms of 3/15 net 30 EOM. The cost of giving up the cash discount, assuming payment would be made on the last day of the credit period, would be . If the firm were able to stretch its accounts payable to 60 days without damaging its credit rating, the cost of giving up the cash discount would only be

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Tangshan Mining was extended credit terms of 3/15 net 30 EOM. The cost of giving up the cash discoun...

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