Business, 26.03.2020 03:11, nina1390

A chain of appliance stores, APP Corporation, purchases inventory with a net price of $600,000 each day. The company purchases the inventory under the credit terms of 2/15, net 30. APP always takes the discount but takes the full 15 days to pay its bills. What is the average accounts payable for APP

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A chain of appliance stores, APP Corporation, purchases inventory with a net price of $600,000 each...

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