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4. Product The annual demand for Product is 456,000 units per year and Plot Co buys in this product at Rs.1 per unit on 60
4. Product The annual demand for Product is 456,000 units per year and Plot Co buys in this product at Rs.1 per unit on 60 days credit. The supplier has offered an early settlement discount of 1% for settlement of invoices within 30 days. Other Information Plot Co finances working capital with short-term finance costing 5% per year. Assume that there are 365 days in each year. Calculate the net value to Plot Co of accepting the early settlement discount for Product
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