Compute the cost of not taking the following trade discounts: (Use 365 days in a year. Round the final answers to 2 decimal places.)

a. 2/17, net 40.

Cost of lost discount ____%

b. 2/17, net 40.

Cost of lost discount____ %

c. 4/12, net 60.

Cost of lost discount ___ %

d. 3/11, not 160.

Cost of lost discount ____ %

Answer rating: 100% (QA)

To compute the cost of not taking trade discounts well use the formula Cost of Lost Discount Discoun... View the full answer