What is the implicit cost of trade credit under these terms

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Question - Book Depot Inc. sells on terms of 1/20, net 50. What is the implicit cost of trade credit under these terms? Use a 365-day year.

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Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

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