$($Note: Assume a $365-$day year.$)$

a$.$ Calculate the approximate cost of giving up the cash discount from each supplier.

c$.$ Now assume that the firm could stretch by $30$ days its accounts payable $($net period only$)$ from supplier M$.$ What impact, if any, would that have on your answer in part b relative to this supplier?

a$.$ The approximate cost of giving up the cash discount from supplier $J$ is $\%.($Round to two decimal places.$)$

Data table

$($Click on the icon here $$ in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[$Supplier$,$Credit terms$],[J,\frac{2}{10}$ net $40$EOM