Speedy Printers has the following data for ts Sales and Expenses Sales January $50,000, February $30,000, March 350,000, April $40,000 Terms oven to customers are: 1/10 net 30 20% will pay in the month of sale and take the discount 70% will pay in the month following and do not get the 10% way the second month following and do not get the discount Purchases cost 60% of Sales and are paid in the next month following purchase Other cash expenses are: Salary 52.000 and Rent S4,000 each month Determine the Net Cash Gain or Loss for the month of March only Enter only numbers and decimal (do not use a sign or comme) S Buy Lo Stores purchases its inventory from its supplers on terms of 2/10 net 30 As it needs cosh to pay off a lon that is coming dune decides not take the discount and dinny payment until the 46th day What would be the EFFECTIVE rate pays by delaying its payment? Enter only numbers and decimal (do not use *sign) BIMI Id nad arranged with the bank for 6 month line of credt of 5200,000 atarme plus 2% Prime rates 4%. The bank charges 0.5% comment fee on any and balance BU ended up using only 5160,000 for 4 months Calculate the total cost of financing for the line of Credit below