Sybex Corp. sells its goods with terms of 2/10 EOM, net 30. What is the implicit cost

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Sybex Corp. sells its goods with terms of 2/10 EOM, net 30. What is the implicit cost of the trade credit?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 12, 2012 01:11 AM

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Sybex Corp. sells its goods with terms of 2/10 EOM, net 30. What is the implicit cost

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Fundamentals of corporate finance

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