Terms of credit are 3/20 net 60, but the payment is made on the 75th day. The effective interest rate would be: Select one: O a. 27.8% Ob 20.2% . 111.3% 74.2% O e. 29.9 The "simple equation" for net working capital is. Select one: current assets/current liabilities ob current assets +non-current liabilities non-current assets + non-current liabilities + net worth current assets + non-current liabilities current assets - current liabilities O e current assets - non-current liabilities = current liabilities - non-current assets + net worth For a manufacturing firm, which of the following is one of the largest costs related to having inventory? Select one a. Insurance b property taxes c storage d shipping and handling e cost of capital