Mr hugh warner is a very cautious businessman his supplier, Ask an Expert

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Mr. Hugh Warner is a very cautious businessman. His supplier offers trade credit terms of /15,net85. Mr. Warner never takes the discount offered, but he pays his suppliers in 75 days rather than the 85 days allowed so he is sure the payments are never late, what is Mr. Warner's cost of not taking the case discount?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91726809

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