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Which of the three suppliers is the most attractive

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Problem 1: Juan, Thu, and Tri are suppliers of television that offer different credit terms. Juan offers terms of 1/15, net 30. Thu offers 1 ½ / 20, net 30. Tri offers terms of 2/15, net 60. You would have to borrow from a bank at an annual rate of 10 percent in order to take any cash discounts. Which of the three suppliers is the most attractive to you and why?

Reference no: EM132730074

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