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Author Question: All of the following are costs of credit EXCEPT (Read 39 times)

WWatsford

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Question 1

A company is offering a discount with terms 3/15 net 40. What is the discount rate associated with this offer?
◦ 3%
◦ 15%
◦ 40%
◦ 20%
◦ 5%

Question 2

All of the following are costs of credit EXCEPT
◦ bad debt losses.
◦ credit analysis expenses.
◦ lost revenues when customers do not take advantage of trade discounts.
◦ the increased investment in accounts receivable.


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Marked as best answer by WWatsford on Apr 25, 2021

cascooper22

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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WWatsford

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


cici

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Reply 3 on: Yesterday
Wow, this really help

 

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