Your firm purchased goods from its supplier totalling $100 on credit terms 1.5/10, net 55, what is the implied effective annual interest cost to your firm if it chooses no to take advantage of the cash discount offered? (Hint: use 4 decimals for your calculations.) A. 12.01%. B. 18.19%. C. 19.25% D. 16.04% E. None of the above. Use the following information to answer questions 7-8. A firm has a present value of revenue from a sale to a customer of $2,150. The present value of cost of goods sold is 92% of the sale price and the probability of the customer defaulting is 25%