Chapter 18 – Working capital management – Accounts PayableForums › Ask CIMA Tutor Forums › Ask CIMA F1 Tutor Forums › Chapter 18 – Working capital management – Accounts PayableThis topic has 1 reply, 2 voices, and was last updated 4 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 28, 2020 at 9:45 am #593351 sarasiwParticipantTopics: 7Replies: 9☆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 October 30, 2020 at 8:51 pm #593579 P2-D2KeymasterTopics: 4Replies: 7079☆☆☆☆☆Hi,Would we not go with the cheapest option?ThanksChrisAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In