Question 17 Consider the following Supplier's credit terms: 2/10. n/45 3/10, n/60 1/15, n/30 Which the above has the highest opportunity cost of foregone discount ? O 1/15, n/30 3/10, n/60 O 2/10, n/45

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 27P
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Question 17
Consider the following Supplier's credit terms:
2/10. n/45
3/10, n/60
1/15, n/30
Which the above has the highest opportunity cost of foregone discount ?
1/15, n/30
3/10, n/60
2/10, n/45
Transcribed Image Text:Question 17 Consider the following Supplier's credit terms: 2/10. n/45 3/10, n/60 1/15, n/30 Which the above has the highest opportunity cost of foregone discount ? 1/15, n/30 3/10, n/60 2/10, n/45
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