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    Intermediate Financial Management
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    Exam 21: Working Capital
  5. Question
    Calculated Cost of Trade Credit for a Firm That Buys
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Calculated Cost of Trade Credit for a Firm That Buys

Question 104

Question 104

True/False

calculated cost of trade credit for a firm that buys on terms of 2/10 net 30 is lower (other things held constant) if the firm plans to pay in 40 days than in 30 days.

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