Slow Players are regular customers of Goods Dealers Ltd., Calcutta and have approached the sellers for externe of credit facility for enabling them to purchase goods from Goods Dealers Ltd. On the analysis of past performance and on the basis of information supplied, the following pattern of payment schedule emerges in regard to Players: Schedule Pattern At the end of 30 days 15% of the bill 60 days 34% of the bill 90 days 30% of the bill 100 20% of the bill Non recovery 1% of the bill Slow Players wants to enter into a firm commitment for purchase of goods of 15,00,000 in 2012, deliveries to be made in equal quantities on the first day of each quarter in the calendar year. The price per unit of the commodh is 150 on which a profit of 5 per unit is expected to be made. It is anticipated by the Good Dealers Ltd. the taking up of this contract would mean an extra recurring expenditure of 5,000 per annum. If the opportunih cost of funds in the hands of Goods Dealers is 24% per annum, would you as the Finance Manager of the seler recommend the grant of credit to Slow Players? Working should form part of your