Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Principles of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
12th Edition
ISBN: 9781259144387
Author: Richard A Brealey, Stewart C Myers, Franklin Allen
Publisher: McGraw-Hill Education
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Chapter 30, Problem 13PS

a)

Summary Introduction

To discuss: Credit terms of 2/30, net 60.

b)

Summary Introduction

To discuss: Credit terms of 2/5, EOM, net 30.

c)

Summary Introduction

To discuss: COD.

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Credit terms of 1/10, n/30 means
6. Calculate the EIR, if the trade credit under each of the following: a) 2/10,n/60 b) 2/10, 1/60     show formula and solutions
What does "2/10" mean, with respect to "credit terms of 2/10, n/30"?
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