SHOULD SUNNY TAKE THE DISCOUNT OFFERED BY BIOTECH CHEMICAL

177. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
177. Should Sunny take the discount offered by BioTech Chemical? a. Yes, SureDrip will get to use their raw materials 35 days earlier than if they waited to pay at the end of the 45 days. b. No, it costs SureDrip 27.1% to accept the discount and they are better off paying the full amount in 45 days. c. Yes, SureDrip's short term borrowing rate of 7.9% is less than Sun's offered cost of carry of 27.1%. d. No, SureDrip will not have to pay any interest if they just pay in 45 days.