What is the effective rate of
With average account receivable of $5 million and average credit sales of $24 million; you company factors receivables by discounting them 2%.
A) What is the effective rate of interest?
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with average account receivable of 5 million and average credit sales of 24 million you company factors receivables by
volume 52000 units --- 57000 units --- 61000 unitsprice 450 per unit --- 425 per unit --- 385 per unitmarginal cost 325
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