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Is the cash discount beneficial to Alanis

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Reference no: EM133028009

Question - Alanis purchases 5000 of goods from Celine. Celine offers all customers the option of either 30 days credit or a 5% discount if cash is received within 5 days. If Alanis takes the cash discount she will incur an overdraft on which interest is charged at 20% per annum. Is the cash discount beneficial to Alanis?

Reference no: EM133028009

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