Answer Happy

Posted: **Wed Jul 06, 2022 6:45 pm**

: Luxury Hotel Has A Php553m Accounts Payable Which Could Be Paid Before The Year End But If The Company Could Settle Bef 1 (64.71 KiB) Viewed 13 times

Luxury hotel has a Php553M accounts payable which could be paid before the year-end. But if the company could settle before the due date, the supplier could give a 4.75% discount. If the business would avail of its short-term credit facility at 4.50%, how can the company save?