Yes, the discount is more than it costs to borrow. Toyota should borrow in order to take these early payment terms. Correct! Toyota should borrow at 7.2% in order to receive the 2,980% annualized discount. Toyota takes an average of 31 days to pay for average daily credit purchases of $646,220. Its average daily sales are $833,624 and it collects accounts in 39 days. What is their net credit position? Enter a response then click Submit below