Solution-Advantage of the cash discount offer

Advantage of the cash discount offer

Assignment Help Basic Computer Science

Reference no: EM131206174

A supplier is offering your firm a cash discount of 2% if purchases are paid for within ten days; otherwise, the bill is due at the end of sixty days. Would you recommend borrowing from a bank at an 18% annual interest rate to take advantage of the cash discount offer? Explain your answer.

Reference no: EM131206174

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Advantage of the cash discount offer

Reference no: EM131206174

Reference no: EM131206174

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