Your firm purchases goods from its supplier on terms of 23/10, net 30 . a. What is the elfective annuat cost to your firm if it chooses not to take the discount and makes its payment on day 30 ? b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 40 ? (Hint Use a 365 -day year) a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 30 ? If your firm chooses not to take the discount and makes its payment on day 30 , the effective annual cost is %. (Round to one decimal place) b. What is the effective annual cost to your fim if it chooses not to take the discount and makes its payment on day 40 ? If your firm chooses not to take the discount and makes its payment on day 40 , tho effecive annual cost is \%. (Round to one docimal place)