Question: Crazy Cliff's Computers (CCC) purchases computer parts from its suppliers 2/5, net 30. What is the effective annual cost of not taking the trade discount?

Crazy Cliff's Computers (CCC) purchases computer parts from its suppliers 2/5, net 30. What is the effective annual cost of not taking the trade discount? Question 1Select one: a. 2.00% b. 2.04% c. 27.43% d. 34.31% e. None of the above

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