ndaman Sdn Bhd is offered trade credit terms of 3/8 net 30. The firm does not take the discount, and pays after 25 days. What is the approximate annual cost of not taking the discount?

Select one:

a. 65.49%

b. 38.92%

c. 41.24

d. 50.61%

Hidro Ltd is offered trade credit terms of 2/8 net 40. The firm plans to forgo the discount. Determine the approximate annual cost of not taking the discount.

Select one:

a. 28.12%

b. 8%

c. 22.96%

d. 2%

Fibre Optics Sdn Bhd buys on terms 2/15 net 30 and typically pays on the 30th day of the purchase. Net purchases amount to RM720,000. How much discount will the company get if they are able to pay within 15 days discount period?

Select one:

a. RM14,400

b. RM15,300

c. RM12,100

d. RM13,600