4 Olive plc usually take 2 months to collect its debts from credit customers It has just issued an invoice to Alfie plc for $100 and offers a cash discount of 2 if payment is made within 1 month What is the effective annualised cost of the discount if Alfie plc does settle within 1 month 27 4 34 4 20 0 32 6

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4  Olive plc usually take 2 months to collect its debts from credit customers  It has just issued an invoice to Alfie plc for $100 and offers a cash discount of 2  if payment is made within 1 month  What is the effective annualised cost of the discount if Alfie plc does settle within 1 month  27 4  34 4  20 0  32 6

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*4 .Olive plc usually take 2 months to collect its debts from credit customers. It has just issued an invoice to Alfie plc for $100

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