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    LoriTurner's Avatar
    LoriTurner Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Jun 2, 2006, 03:47 PM
    Confused and feeling dumb
    :confused: the effective annual cost of not taking advantage of the 3/10, net 30 terms offered by a supplier is

    a) 55.7%
    b) 45.4%
    c) 40.5%
    d) 32.3%

    Thanks for any and all help :)
    rainblo83's Avatar
    rainblo83 Posts: 2, Reputation: 1
    New Member
    		  
    #2

    Mar 22, 2007, 06:01 PM
    The answer to the question is 55.7%.
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