Quiz Ch 15 – T/F Impact of Payment Timing on Trade Credit Cost

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false: The cost of trade credit is lower for a firm with 2/10, net 30 terms when it plans to pay in 40 days rather than 30 days, all else being equal.

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  • Search Terms: a. b. false true (other , /, a buys calculated constant) cost credit days days. firm for held if in is lower net of on pay plans terms than that the things to trade
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