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Ningbo Steel was extended credit terms of 3/15 net 30 EOM.The cost of giving up the cash discount, assuming payment would be made on the last day of the credit period, is 75.26 percent.If the firm were able to stretch its accounts payable to 60 days without damaging its credit rating, the cost of giving up the cash discount would only be
Drive C
The main hard drive partition where the operating system and system files are stored on most Windows computers.
Desktop
The primary user interface of a computer's operating system, displayed on the screen upon login, containing icons, files, and applications.
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A UI element that displays the settings or attributes of a file, application, or device for review or modification.
Defragment
The process of consolidating fragmented files on a disk to improve system performance and speed up file access.
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