Leontief's Wigs can borrow from its bank at 16 percent to take a cash discount. The terms of the cash discount are 2/10, net 60. Leontief's should borrow from the bank to take the discount.

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The Answer of Leontief's Wigs can borrow from its bank at 16 percent to take a cash discount. The terms of the cash discount are 2/10, net 60. Leontief's should borrow from the bank to take the discount.

Leontief's Wigs Can Borrow from Its Bank at 16 Percent