Solution-Effective annual cost of trade credit under terms

Effective annual cost of trade credit under terms

Reference no: EM131332363

Pets Store Inc. sells on terms of 3/20, net 75. What is the effective annual cost of trade credit under these terms? Use a 365-day year.

Reference no: EM131332363

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Effective annual cost of trade credit under terms : Pets Store Inc. sells on terms of 3/20, net 75. What is the effective annual cost of trade credit under these terms? Use a 365-day year.

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Effective annual cost of trade credit under terms

Reference no: EM131332363

Reference no: EM131332363

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