Tangshan Mining has extended credit terms of 3/15 net 30 EOM. The cost of giving up the cash discount, assuming payment would be made on the last day of the credit period, would be ________
A) 75.26%
B) 3.1%
C) 72.99%
D) 37.12%
A
Business
You might also like to view...
The label on Deagan's new jacket that reads Will not shrink is an example of what type of warranty?
a. descriptive b. express c. implied d. limited
Business
Don't ________ in the closing section of a business report
A) summarize the key points included in the report B) introduce new material to expand the scope of the report C) bring all of the action items together in one place D) present the benefits of following the report's recommendations
Business