Working Capital Management – Payables – CIMA F1 Financial Reporting

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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