Simple simons bakery puts gases supplies in terms of 1110, Financial Management

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Simple simons bakery puts gases supplies in terms of 1110

Simple simon's bakery puts gases supplies in terms of 1.1/10, net 24. If simple simons owner an interest rate of 11.6% on borrowed funds. Should simple simons enter the loan agreement with the bank and begin taking the discount? (Use 365 days for a year)

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Financial Management: Simple simons bakery puts gases supplies in terms of 1110

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Financial Management: Simple simons bakery puts gases supplies in terms of 1110

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