The writer is very fast, professional and responded to the review request fast also. Thank you.
Firm Z is short on cash but has $2 million of its $5 million credit line available at present, however. If the annualized interest rate on the credit line is less than the annualized cash discount rate on trade credit received, the payment decision that maximizes firm value is to
a.Compare the annualized cash discount rate to the daily investment rate, and take the discount if the cash discount rate exceeds the investment rate
b.Not take the discount , and pay at the end of the credit period
c.Borrow the necessary funds and take the cash discount
d.Compare the annualized cash discount rate to the daily investment rate, and take the discount if the cash discount rate is le(less) than the investment rate.
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more