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Homework answers / question archive / You place an order for 1,400 units of Good X at a unit price of $51

You place an order for 1,400 units of Good X at a unit price of $51

Finance

You place an order for 1,400 units of Good X at a unit price of $51. The supplier offers terms of 3/20, net 45.

How quickly must you pay to get the discount?

Option 1

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0.96 USD

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Option 2

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