di Nilai Service is analyzing the credit terms of each of three suppliers. A. B....
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Accounting
di Nilai Service is analyzing the credit terms of each of three suppliers. A. B. and C. Supplier Credit terms 1/15 not 40 2/10 net 30 2/15 net 35 Determine the approximate cost of giving up the cash discount for each supplier (assume a 360 day year) 13 marks) ) Assuming the filem noods short-term financing, rocommend whether or not the firm should give up the cash discount or borrow from the bank at 10 percent annual interest. Evaluate each supplier separately. 12 marks) c) Atim purchased goods with a purchase price of RM1.000 and credit terms of 1/10 net 30. The firm paid for these goods on the 5th day after the date of sale. What is the amount of the goods that the tim must pays [2 marks)
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