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Author Question: Terms of sale are frequently changed by the financial manager in order to increase sales. ... (Read 93 times)

shofmannx20

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Terms of sale are frequently changed by the financial manager in order to increase sales.
 
  Indicate whether the statement is true or false

Question 2

Nike Corp. buys on 3/10, net 30 days. What is the nominal cost of interest if Nike does not take
  advantage of the trade discount offered? Assume a 360-day year.
 
  A) 66.3 B) 22.3 C) 55.7 D) 12.0


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debra928

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shofmannx20

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Reply 2 on: Jul 10, 2018
Gracias!


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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