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    Practical Financial Management Study Set 1
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    Exam 16: The Management of Working Capital
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    Trade Credit Is Implicitly Costless Only
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Trade Credit Is Implicitly Costless Only

Question 27

Question 27

Multiple Choice

Trade credit is implicitly costless only:


A) during the entire net period.
B) during the prompt payment discount period.
C) between the first and last days of the net period.
D) at no time.

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