What is the effective cost of credit terms of 2/10, net 30 if the firm stretches the accounts payable to 45 days?
A)44.59%
B)49.76%
C)36.12%
D)23.37%

Name: What is the effective cost of credit terms of 2/10, net 30 if the firm stretches the accounts payable to 45 days? A)44.59% B)49.76% C)36.12% D)23.37%
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The Answer of What is the effective cost of credit terms of 2/10, net 30 if the firm stretches the accounts payable to 45 days?
A)44.59%
B)49.76%
C)36.12%
D)23.37%

What Is the Effective Cost of Credit Terms of 2/10