________ can be found where cost of receivables is equal to the revenues from increased sales

The generic product is the basic, substantive product you are selling

Indicate whether the statement is true or false

A firm is offered credit terms of 2/10 net 45 by most of its suppliers but frequently does not have the cash available to take the discount. The firm has a credit line available at a local bank at an interest rate of 12 percent

The firm should ________. A) give up the cash discount, financing the purchase with the line of credit B) take the cash discount and pay on the 45th day after the date of sale C) take the cash discount and pay on the first day of the cash discount period D) take the cash discount, financing the purchase with the line of credit, the cheaper source of funds