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What will be the nominal annual percentage cost

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Question - Hail & Sons operates for 240 days in a year. It has been offered credit terms of 4/30, net 90 days. What will be the nominal annual percentage cost of its non-free trade credit?

Reference no: EM133189039

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What will be the nominal annual percentage cost : Hail & Sons operates for 240 days in a year. What will be the nominal annual percentage cost of its non-free trade credit
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