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Working Capital Management – Payables – CIMA F1 Financial Reporting

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CIMA F1 lectures Download F1 notes


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Comments

  1. sarasiw says

    September 26, 2020 at 1:12 pm

    Hi Chris,

    Don’t we have to accept the discount of 24.7% because if we don’t it’s costing us more (24.7%) than the overdraft interest of 13%?
    In other words accepting the discount we can save more than what we pay for overdraft interest.

    Could you please explain this? Thank you

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