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In order to finance its operating activities a company can choose not to accept the financial discount of 2.2% proposed by its suppliers, if it
In order to finance its operating activities a company can choose not to accept the financial discount of 2.2% proposed by its suppliers, if it pays during 10 days from delivery. The usual payment period is 69 days from delivery. What is the cost of this to financing resource? (1 year = 360 days)
The result will be expressed rounded in percentage points with two decimals (e.g. 10.45). Attention write only the number in the answer box (do not write also the sign for percentage: %)!
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