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Business, 25.04.2020 03:59 Izzyfizzy

Virginia Supply offers their customers trade credit with terms 2/15, net 30. This implies that: Virginia's customers have very little incentive to pay within the discount period. paying within 30 days will let a customer deduct 15% off the invoice price. the annual financing cost of failing to pay within 15 days is about 48%. most customers will pay their bill within 2 days in order to take the maximum discount.

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Virginia Supply offers their customers trade credit with terms 2/15, net 30. This implies that: Virg...
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