FIN 571 TUTOR Career Path Begins/fin571tutor.com FIN 571 TUTOR Career Path Begins/fin571tutor.com | Page 29

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Why are interest rates on short-term loans not necessarily
comparable to each other? Give three possible reasons.
-----------------------------------------------------------------------------FIN 571 Week 3 DQ 2

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Optical Supply Company offers credit terms of 2/10, net 60. If
Optical Supply is considering a change in its credit terms to one
of those indicated, explain whether the change should increase
or decrease sales. (a) 2/10, net 30, (b) net 60, (c) 3/15, net 60, (d)
2/10, net 30, 30 extra
-----------------------------------------------------------------------------FIN 571 Week 3 Individual Assignment Interpreting
Financial Results

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Resource: Financial Statements for the company assigned by
your instructor in Week 2.