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A vendor offers terms of 3/15, net 45. The fim does not take the discount and typically pays in 60 days Use a 365 day

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A vendor offers terms of 3/15, net 45. The fim does not take the discount and typically pays in 60 days Use a 365 day year to calculato the annual cost tot he firm of stretching its payables Select one O a25 0096 O b 24 33% 2863% O d 1881% O e 247490 Your firm needs to borrow $500,000 for one year Your banker offers the following four loan options. Obviously, youl want the best (lowest) offective rate you can get Which one will you choose? Select one a 125% simplente,est b 12% discount interest c 10% simple interest with a 10% compensating balance d 9 2596 dscount interest with a 12% compensating balance e Can't tell without knowing the firm's tax rate O

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