Sorry I meant finance cost in payable …not using the annual cost % formula….. Yes I have watched the lecture ….but am talking about the long way where we have to find the trade payable after discount is offer n all …in ur lecture for it I have just showed the formula way..
Sorry but I am still confused, because in my lectures I work through examples calculating the net cost or benefit of offering a discount and of using a factor (both the ‘long way’).