Kizspy | Question: 15
(Choose 1 answer)
Senter Corp. sells its goods with terms of 2/10 EOM, net 30. What is the implicit cost of the trade credit?Round your final percentage answer to two decimal places. Do not round your intermediate calculations.
Α. 18.50%
B. 30.00%
C. 44.59%
D. 21.89%