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Which one of the following terms of sale has the highest effective annual interest rate if the company does not take the cash discount?

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(@monvillemauro)
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A company can by identical raw materials from four suppliers. Each supplier offers a different term of sale .

Which one of the following terms of sale has the highest effective annual interest rate if the company does not take the cash discount?

  • A . 1/10, net 90
    B. 1/30, net 90
    C. 1/10, net 45
    D. 1/30 net 45

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Suggested Answer: D
 
Posted : 12/01/2023 10:46 pm

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