You purchase a batch of products on terms 310 n90 should


Question - You purchase a batch of products on terms 3/10, n/90, but your company has limited cash and you must borrow funds at an 11 percent annual rate if you are to pay within the discount period. Should you take the purchases discount? Explain.

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Accounting Basics: You purchase a batch of products on terms 310 n90 should
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