If a firm gives up the cash discount on goods purchased on credit, the firm should pay the bill
A. as late as possible.
B. as soon as possible.
C. before the credit period ends.
D. on the last day of the credit period.
Answer:D
If a firm gives up the cash discount on goods purchased on credit, the firm should pay the bill
A. as late as possible. B. as soon as possible. C. before the credit period ends. D. on the last day of the credit period.