FCM Plumbing has a choice to pay the invoices owed to Reece Bathrooms Pty Ltd earlier or

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FCM Plumbing has a choice to pay the invoices owed to Reece Bathrooms Pty Ltd earlier or until the final bill due date 60 days later. They would obtain a 5% discount if paid within the next 10 days. What is the opportunity cost for FCM

Plumbing if they forgo this discount (in %) and decide to pay at the bill due date instead?

Your response must be entered as a numerical value with 3 decimal places and excluding the percentage sign (%).

Related Book For answer-question

Financial Management for Public Health and Not for Profit Organizations

ISBN: 978-0132805667

4th edition

Authors: Steven A. Finkler, Thad Calabrese

See More Books

Posted Date: Apr 17, 2024 03:41 AM

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FCM Plumbing has a choice to pay the invoices owed to Reece Bathrooms Pty Ltd earlier or

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Financial Management for Public Health and Not for Profit Organizations

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