With regard to accounts payable: a) Explain the significance of financing with accounts payable. b) Explain the rationale of taking a cash discount, such as 2/10, net/30. c) Additionally, determine the approximate balance of accounts payable, if a company stretches its payables to 45 days and on average, they make purchases of $1,000,000 per day from their vendors. d) Explain what the stretching accomplishes if the vendors should be paid in 30 days.