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Duckworth Enterprises? major supplier currently offers payment terms of 2/10, net 30.

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Duckworth Enterprises? major supplier currently offers payment terms of 2/10, net 30. If;Duckworth pays an invoice on the 45th day without taking the discount and with no;penalty, what is the effective cost?;a. 20.85%;b. 23.45%;c. 26.34%;d. 49.79%;e. 63.49%

 

Paper#27421 | Written in 18-Jul-2015

Price : $32
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