Business
Business, 27.08.2019 02:20, Geo777

Buskirk construction buys on terms of 2/15, net 60 days. it does not take discounts, and it typically pays on time, 60 days after the invoice date. net purchases amount to $500,000 per year. on average, how much "free" trade credit does the firm receive during the year? (assume a 365-day year, and note that purch

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