Due to the COVID-19 pandemic, numerous countries and territories implement lockdowns. People have been asked to stay at home and most businesses are temporarily closed. If you believe that there could be a lockdown sooner or later, will you consider a flexible financial policy or a restrictive financial policy for your company? Explain your answer. KK company is your supplier. You need to pay the company for some inventories that are worth $100,000. KK company offers you a credit terms of 1/10 net 70 . Compute the implied interest to you if you don't want to get the discount. Assume there are 360 days in one year