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Calculate the cost of the trade credit

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Reference no: EM133061670

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Q1. Assume the credit terms offered to your ?rm by your suppliers are 1/9, net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30.

Q2. Assume the credit terms offered to your firm by your suppliers are 3/6, net 45: Calculate the cost of the trade credit if your firm does not take the discount and pays on day 45.

Reference no: EM133061670

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