1) Ben's Bakery makes all its purchases of raw materials inventory (flour, yeast, etc.) on credit. Ben's uses many different suppliers who offer different discount terms. However, Ben's two largest suppliers offer the following terms: Dough-licious Company 2/10, net 55 Egg-static Company 1/5, net 60 a) Calculate the effective cost of trade credit under the two credit terms listed above. (4 Marks) b) If Ben's can borrow from its bank at 8% per year which company(ies) above should be paid within the discount period and which should Ben's pay at the end of the credit term? Explain why. (2 Marks)