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Calculate the purchased inventory items costing

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Question: Trade Terms. Roberts and Sons, Inc., of Great Britain has just purchased inventory items costing Kronor 1,000,000 from a Swedish supplier. The supplier has quoted terms 3/15, net 45. Under what conditions might Roberts and Sons reasonably take the discount, and when might it be a reasonable idea to wait the full 45 days to pay?

Reference no: EM131708527

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