ashhleyjohnson
01.08.2019 •
Business
When sharpening tools with an oilstone apply oil to the surface of the stone to
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Ответ:
Ответ:
5.52%
Explanation:
Cost of Furniture= $150,000
discount= 5.25% (120-day note)
To get the exporter's true effective annual financing cost, we have:
=(150,000/147,375) 365/120-1 = 5.52%
Therefore, the exporter's true effective annual financing cost is 5.52%