Finance question, bid only if you are sure within my budget.

Question description

A supplier is offering your firm a cash discount
of 2 percent 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 percent annual interest rate to take advantage of the cash discount offer?
Explain your answer.

20 hours ago

Finance question, bid only if you are sure within my budget.

Question description

A supplier is offering your firm a cash discount
of 2 percent 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 percent annual interest rate to take advantage of the cash discount offer?
Explain your answer.

20 hours ago

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