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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    If Credit Terms Are 2/10 Net 30, the Annual Cost
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If Credit Terms Are 2/10 Net 30, the Annual Cost

Question 86

Question 86

True/False

If credit terms are 2/10 net 30, the annual cost of giving up the cash discount is 37.24%.

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