Nisaa a amp brandon g company purchases goods from its, Ask an Expert

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Nisaa A. & BRandon G. Company purchases goods from its supplier on terms 2/15 net 40.

a) What is the effective annual cost of Nisaa & Brandon Company if it chooses not to take the discount and makes it payment on day 40?

b) What is the effective annual cost of Nisaa & Brandon Company if it chooses not to take the discount and makes it payment on day 55?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92744210

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