What is the implicit cost of the trade credit

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Sybex Corp. sells its goods with terms of 3/8 EOM, net 30. What is the implicit cost of the trade credit?

Reference no: EM13263900

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What is the implicit cost of the trade credit : Sybex Corp. sells its goods with terms of 3/8 EOM, net 30. What is the implicit cost of the trade credit?
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