Ransco corporation buys on terms of 210 net 30 but pays on


Ransco Corporation buys on terms of 2/10, net 30 but pays on Day 12 and still takes the discount. What is the APR of Ransco's nonfree trade credit?

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Finance Basics: Ransco corporation buys on terms of 210 net 30 but pays on
Reference No:- TGS02204444

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