simple math work.......................................

English
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Company should borrow the money @18% as due to this company will get the benefit of $600 and pay $ 148 which shows the net impact of the cash discount is 1.51% instead of 19.2%.

Jul 24th, 2015

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False: Company should borrow the money @18% as due to this company will get the benefit of $600 and pay $ 148 which shows the net impact of the cash discount is 1.51% instead of 19.2%.

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Jul 24th, 2015

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