Answer:
D• 62.5714%
Explanation:
The computation of the seller cost of capital for the discount is as follows
= Received discount by a customer × total number of days in a year ÷ number of days
= 6% × 365 days ÷ 35 days
= 6% × 10.42
= 62.5714%
The number of days is computed below:
= Net days - discount days
= 45 days - 10 days
= 35 days
