Question completion Close Window Question 19 of 20 >>> Moving to another question will save this response 1 points Save Answer Question 19 Precision Enterprises purchases 54,562,000 in goods per year from its sole supplier in terms of 220, net 50. If the firm chooses to pay on time but does not take the discount, what is the sffective annual percentage cost of its non-free trade credit? (Astume * 365 day year - 24 11% 27.17% b 23.45% d 26.93% 27.86% % Question 19 of 23 Moving to another question will save this response Close Window Prusan du More End FE Dll 96 5 & 7 6 8 7 R T U