Register now or log in to join your professional community.
<p><span>a- Benefit in very small</span></p> <p><span>b- Cost is very high</span></p> <p><span><span>c- No sense to pay earlier</span></span></p> <p><span><span>d- None of the above</span></span></p> <p> </p>
What is wrong with accepting a Cash discount when you have excess cash to Pay?
It can be accepted if you are credit worthy and cash rich and no avenues to cash on by additional revues alternatively which is higher the Cash discount offered.
d- None of the above
Option D
Option is D. Because Cash discount will be accepted if discount amount is more then revenue which could be earned if funds are invested somewhere else for that short while.
D) None of the above.
the option D
Option D is answer
Never accept cash discount depends on your cash balance and discount rate given
Compare discount rate given and cost of fund if you invest it in aportfolio or bank rate
Answer d
D- Non of the above
