The expression "3/10,net 45" means that the customers receive a 3 percent discount if they pay within 10 days; otherwise,they must pay in full within 45 days.What would the seller's cost of capital have to be in order for the discount to be cost justified? (HINT: Opportunity Cost)

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The Answer of The expression "3/10,net 45" means that the customers receive a 3 percent discount if they pay within 10 days; otherwise,they must pay in full within 45 days.What would the seller's cost of capital have to be in order for the discount to be cost justified? (HINT: Opportunity Cost)

The Expression "3/10,net 45" Means That the Customers Receive a 3