Tangshan mining has extended credit terms of 315 net 30 eom


Tangshan Mining has extended credit terms of 3/15 net 30 EOM. What is the cost of giving up the cash discount, assuming payment would be made on the last day of the credit period? Show calculations.

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Financial Management: Tangshan mining has extended credit terms of 315 net 30 eom
Reference No:- TGS01230364

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