在此处复制并粘贴您的)What is trade credit? (3 marks) 2)Company XYZ has taken delivery of£15,000 of goods from its supplier. The company usually pays for the goods delivery 50 days after the invoice/delivery...

在此处复制并粘贴您的)What is trade credit? (3 marks)

2)Company XYZ has taken delivery of£15,000 of goods from its supplier. The company usually pays for the goods delivery 50 days after the invoice/delivery date. Recently, the supplier has introduced an early settlement discount of 1% if the invoice is paid within 10 days. The interest rate on company XYZ’s overdraft facility is 10% per year. Assume no tax. As the manager of company XYZ, please decide whether the companyshould pay on the 10thday or the 50thday following the invoicedate. (7 marks)

3)In addition to trade credit, are there any other forms of short-term to medium-term finance that company XYZ can use? Please nominateand discuss TWO of them. ( 10 marks)作业