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What is the effective annual cost of trade credit under

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Fish store sells on terms of 3/15, net 35. What is the effective annual cost of trade credit under these terms? Use a 365-day year.

Reference no: EM131890950

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What is the effective annual cost of trade credit under : Fish store sells on terms of 3/15, net 35. What is the effective annual cost of trade credit under these terms? Use a 365-day year.
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