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  3. Study Set
    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    For Firms That Are in a Financial Position to Take
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For Firms That Are in a Financial Position to Take

Question 46

Question 46

True/False

For firms that are in a financial position to take a cash discount, it is generally a more financially sound decision to take the discount if the terms offered are 2/10 net 30.

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