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working capital management?

Cchristy16y ago
when calculating whether or not accepting a discount is viable the cost of debt............is it the cost of using trade credit as a source of finance?
John MoffatJohn MoffatTutor16y ago#1
I am a bit confused by your question.

The cost of not taking the discount from suppliers is effectively the cost of using trade credit as a source of finance.

John
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