Pet store incsell on terms of 220 net 50 what is the


Question: Pet Store Inc.sell on terms of 2/20 net 50. What is the effective annual cost of trade credit under these terms? Use 365 day year. Round answer to two decimal places in percentage form. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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