Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / If the terms of credit are 1/10 net 40, what will be the implicit cost of trade credit?

If the terms of credit are 1/10 net 40, what will be the implicit cost of trade credit?

If the terms of credit are 1/10 net 40, what will be the implicit cost of trade credit?
(Assume 360 days in a year)


[A]11.11 percent
[B]12.12 percent
[C]13.13 percent
[D]14.14 percent

Jan 01 2018 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions