Financial-Planning-Annual-cost-v2 by ClassOf1

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									              Sub: Finance                                                                   Topic: Financial Planning


              Question:
              Multiple choice questions on calculation of effective Annual cost.

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              Delta Industries buys on terms of 2/10, net 30, but generally does not pay until 40 days after the
              invoice date. The firm purchases $1,080,000 net in materials
								
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