Ralph Nurseries purchased seeds costing $25,00 with terms of 3/15 net 30 EOM on January 12. Show Solutions and Explanation.A.How much will the firm pay if it takes the cash discount? (Format: 11,...

Ralph Nurseries purchased seeds costing $25,00 with terms of 3/15 net 30 EOM on January 12. Show Solutions and Explanation. A.How much will the firm pay if it takes the cash discount? (Format: 11, 111) B.What is the approximate cost of giving up the cash discount, using the simplified formula? (Format: 11%)