What is the implicit cost of the trade credit

Reference no: EM13292719

Kearns, Inc., sells its goods with terms of 3/15 EOM, net 60. What is the implicit cost of the trade credit?

Reference no: EM13292719

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What is the implicit cost of the trade credit : Kearns, Inc., sells its goods with terms of 3/15 EOM, net 60. What is the implicit cost of the trade credit?

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