Your supplier offers terms of 410 net 40 what is the


Your supplier offers terms of 4?/10?, net 40. What is the effective annual cost of trade credit if you choose to forgo the discount and pay on day 40??

?(Hint: Use a?365-day year).

The effective annual cost is ?%.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Your supplier offers terms of 410 net 40 what is the
Reference No:- TGS02155091

Expected delivery within 24 Hours