cima-f1Working Capital Management - Payables - CIMA F1 Financial ReportingCIMA F1 lectures Download F1 notes YouTube videoPlay video1 CommentSSarasi·5y agoHi 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 youLeave a commentPost comment
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