a. What considerations enter the determination of the terms of sale? b. Explain what terms of 3/45,
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a. What considerations enter the determination of the terms of sale?
b. Explain what terms of “3/45, net 90” mean. What is the effective interest rate?
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a The determination of the terms of sale involves several considerations that businesses take into account when establishing the conditions under whic...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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