Health System offers Is from this supplier stly trade credit offered C. Should the hi'n m 16.3 Suppose one of the suppliers to Seattle Health of 3/20, net 60. a. When does the system have to pay its bills from b. What is the approximate cost of the costly trad. this supplier? (Assume 360 days per year.) 16.4 Langley Clinics, Inc., buys $400,000 in medicale (at gross prices) from its major supplier, Consolid which offers Langley terms of 2.5/10, net 45. Cum is paying the supplier the full amount due on Day considering taking the discount, paying on Day 10. a the trade credit with a bank loan that has a 10 perce a. What is the amount of free trade credit that Langle from Consolidated Services? (Assume 360 days per throughout this problem.) nedical supplies each yea. Consolidated Services. 45. Currently, Langley due on Day 45, but it is 10, and replacing as a 10 percent annual cos it that Langley obtains b. What is the amount of costly trade credit? c. What is the approximate annual cost of the costly trade credis d. Should Langley replace its trade credit with the han Health System offers Is from this supplier stly trade credit offered C. Should the hi'n m 16.3 Suppose one of the suppliers to Seattle Health of 3/20, net 60. a. When does the system have to pay its bills from b. What is the approximate cost of the costly trad. this supplier? (Assume 360 days per year.) 16.4 Langley Clinics, Inc., buys $400,000 in medicale (at gross prices) from its major supplier, Consolid which offers Langley terms of 2.5/10, net 45. Cum is paying the supplier the full amount due on Day considering taking the discount, paying on Day 10. a the trade credit with a bank loan that has a 10 perce a. What is the amount of free trade credit that Langle from Consolidated Services? (Assume 360 days per throughout this problem.) nedical supplies each yea. Consolidated Services. 45. Currently, Langley due on Day 45, but it is 10, and replacing as a 10 percent annual cos it that Langley obtains b. What is the amount of costly trade credit? c. What is the approximate annual cost of the costly trade credis d. Should Langley replace its trade credit with the han