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    A Firm Offers Its Customers 2/14 Net 28
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A Firm Offers Its Customers 2/14 Net 28

Question 68

Question 68

Multiple Choice

A firm offers its customers 2/14 net 28.What is the cost of trade credit to a customer who chooses to pay on day 28?


A) 32.8%
B) 67.3%
C) 69.3%
D) 72.4%
E) 76.1%

Correct Answer:

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