Explain the trade credit facility provided by some companies to their customers that allow them

to manage their day-to-day liquidity situation and calculate the opportunity cost of an invoice

that specifies the following conditions, as shown below (a. - c.):

a) conditions: 1.25/10, n/30.

b) conditions: 1.25/10, n/60.

c) conditions: 1.5/10, n/60.