1. Tho normal credit terms offered by Hugil Ltd to its customers is payment 60 days from detivery and the istsue of an invoice, both of which always occur on the same day. At today's Board mestirng. the directors are considering offering customers a 3% cash discount if they pay in 30 days. The company's bankers, MoneyCash charge Hugh Ltd overdraft interest at 2.4% per month. Consider a sales invoice of c2,000. Is the company financially better or worse off by offering this discount, and by how much? Select one