A firm buys $3,030,303 gross on terms of 1/10, net 40. What is the nominal cost of trade credit? Please round to nearest
Posted: Wed May 18, 2022 11:41 pm
A firm buys $3,030,303 gross on terms of 1/10, net 40. What is
the nominal cost of trade credit? Please round to nearest
decimal places.
12.12%
12.16%
none of the above
12.00%
12.29%
the nominal cost of trade credit? Please round to nearest
decimal places.
12.12%
12.16%
none of the above
12.00%
12.29%