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    Foundations of Financial Management Study Set 3
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    Exam 8: Sources of Short-Term Financing
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    The Cost of Not Taking the Discount on Trade Credit
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The Cost of Not Taking the Discount on Trade Credit

Question 97

Question 97

Multiple Choice

The cost of not taking the discount on trade credit of 2/10, net 30 is equal to


A) 44.54%
B) 43.20%
C) 36.73%
D) none of these

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