Hbc inc buys on terms of 210 net 30 days it does not take

Reference no: EM13599643

HBC Inc. buys on terms of 2/10, net 30 days. It does not take discounts, and it typically pays 30 days after the invoice date. Net purchases amount to $1,750,000 per year. On average, how much "free" trade credit does HBC receive during the year?

Reference no: EM13599643

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