A vendor offers payment terms of 320 net 60 what does this


A vendor offers payment terms of 3/20, net 60. What does this mean for the timing and costs of paying this vendors bills? Using a 360 day year, what is the cost of trade credit from this vendor?

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Financial Management: A vendor offers payment terms of 320 net 60 what does this
Reference No:- TGS01420393

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