A document lists 4 trade discounts with different net terms and asks to calculate the cost of not taking each discount. The discounts are: a) 3/14 net 55 days, b) 2/20 net 30 days, c) 3/17 net 45 days, and d) 3/18 net 165 days.
Compute the cost of not taking the following trade discounts (Use 36.pdf
1. Compute the cost of not taking the following trade discounts: (Use 365 days in a year. Round
the final answers to 2 decimal places.) a. 3/14, net 55 . Cost of lost discount b. 2/20, net 30 . Cost
of lost discount c. 3/17, net 45. Cost of lost discount d. 3/18, net 165 . Cost of lost discount