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What is the effective cost of credit terms of 3/5 net 45 if the firm stretches the accounts payable to 60 days?
Subliminal Perception
The process by which stimuli are perceived without conscious awareness, influencing thoughts, feelings, or actions.
Absolute Threshold
The minimum stimulus intensity that an organism can detect at least 50% of the time.
Selective Attention
The process by which a person focuses on one or a few sensory inputs while ignoring other stimuli.
Perceptual Set
A tendency to perceive or notice some aspects of the available sensory data and ignore others, influenced by expectations, emotions, and culture.
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