Book Depot inc sells on terms of 3/20, net 80. What is the impllcit cost of trade credit under the terms?

Book Depot inc sells on terms of 3/20, net 80. What is the impllcit cost of trade credit under the terms? Use a 365-day year.

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Book Depot inc sells on terms of 3/20, net 80. What is the impllcit cost of trade credit under the terms? was first posted on May 10, 2022 at 12:12 pm.
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