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How can define the cost of trade credit

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Reference no: EM132554062

Question 1: How can define the cost of trade credit?

Question 2: MFS company buys inventory with a net price of $180,000 yearly on terms 2/10, net 60. How large would be the accounts payable balance be if the company takes discounts and if it does not take discount?

Reference no: EM132554062

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