If a firm buys on terms of 3/15, net 45, what is the APR of its nonfree trade credit? What is the effective annual rate, rEAR?
If a firm buys on terms of 3/15, net 45, what is the APR of its nonfree trade credit? What is the effective annual rate, rEAR?
If a firm buys on terms of 3/15, net 45, what is the APR of its nonfree trade credit? What is the effective annual rate, rEAR?