fast 4- A company was extended credit terms of 3/15 net...
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4- A company was extended credit terms of 3/15 net 40 EOM from its supplier. The company can borrow fru bank at 16%. (Assume the year has 360 days) 1. Calculate the approximate cost of giving up the cash discount (3 marks) CASIO fx-991 ES NATURAL DISPLA 2. Determine if the company should take the cash discount (1 marks)
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