Suppose your firm buys 1000 worth of supplies on credit
Suppose your firm buys $1,000 worth of supplies on credit with terms 3/15 n60.
If you pay the bill on the 50th day after the purchase, what is the cost of the trade credit you have used for the 35-day period after the discount period ended?
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suppose your firm buys 1000 worth of supplies on credit with terms 315 n60nbspif you pay the bill on the 50thnbspday
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