keparisi1924 keparisi1924
  • 25-11-2022
  • Business
contestada

fairweather corporation purchases merchandise on terms of 2/15, net 40, and its gross purchases (i.e., purchases before taking off the discount) are $800,000 per year. what is the maximum dollar amount of costly trade credit the firm could get, assuming it abides by the supplier's credit terms? (assume a 365-day year.)\

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