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ABC distributors is a regular supplier of branded beauty products to super stores subject to...

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Accounting

ABC distributors is a regular supplier of branded beauty products to super stores subject to normal credit terms of 30 days. today ABC supplied R100 000 worth of merchandise to super stores on credit. the manager of ABC is prepared to shave R3000 off the receivable on condition that super stores settles the account within 10 days. the cost of the overdraft facility available to super stores is 30%. Required: calculate the cost to super stores of not accepting the discount and state whether super stores should accept the discount offered.

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