nt #4 (CH 7 Including inventory & CH 8) Seved You received partial credit in the previous attempt. Little Kimi Clothiers can borrow from its bank at 6 percent to take a cash discount. The terms of the cash discount are 2/15 net 90. a. Compute the cost of not taking the cash discount. (Use 365 days in a year. Do not round the intermediate calculations. Round the final answer to 2 decimal places.) Cost of not taking a cash discount b. Should the firm borrow the funds? O Yes No 9.932 % Help Save & E View previ