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Business, 06.12.2019 00:31 blondie02

Roton inc. purchases merchandise on terms of 2/15, net 40, and its gross purchases (i. e., purchases before taking off the discount) are $675,000 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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Roton inc. purchases merchandise on terms of 2/15, net 40, and its gross purchases (i. e., purchases...
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