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Just need help on the discounts section. Im having trouble understanding. Thank you! he company makes all purchases on credit, and its suppliers uniformly offer

Just need help on the discounts section. Im having trouble understanding. Thank you! image text in transcribed
image text in transcribed
image text in transcribed
he company makes all purchases on credit, and its suppliers uniformly offer a 3% sales discount. Does it the company's cash management system is accomplishing the goal of taking all available discounts? appear that just provide the numbers Hint compared actual discount vs maximum discount Maximum discount- calculation Maximum Discount Actual discount Difference Net cost of Purchases 3. In prior years, the company experienced a 4% returns and allowance rate on its sales, which means approximately 4% of its gross sales were eventually returned outright or caused the company to grant allowances to customers.How do this year's results compare to prior years' results? Hint compared actual returns vs maximum returns Actual return calculation Act Return % Previous Years % Change 1 : % returns

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