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    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
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    When Deciding Whether or Not to Take a Trade Discount
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When Deciding Whether or Not to Take a Trade Discount

Question 100

Question 100

True/False

When deciding whether or not to take a trade discount, the cost of borrowing funds should be compared to the cost of trade credit to determine if the cash discount should be taken.

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