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please answer A, and B O Points: 0 of 1 Save Your firm purchases goods from its supplier on terms of 1.8/14, net 35 a.
please answer A, and B
O Points: 0 of 1 Save Your firm purchases goods from its supplier on terms of 1.8/14, net 35 a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 35? b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 45? (Hint: Use a 365-day year) a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 35? If your firm chooses not to take the discount and makes its payment on day 35, the effective annual cost is% (Round to one decimal place) he Step by Step Solution
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