Mr. Hugh Warner is a very cautious businessman. His supplier offers trade credit terms of 3/11, net 85. Mr. Warner never takes the discount offered, but he pays his suppliers in 75 days rather than the 85 days allowed so that he is sure the payments are never late. What is Mr. Warner's cost of not taking the cash discount?

Provides for personal development. though leadership training, as well as local, state and district conferences, students involved in a ctsos young people in the maturation process, them grow and assume active roles in their community.

Having a long credit that will be corrected is better that a short credit that is clear is simply because with long credit history, a prospective lender can see how you have operated your credit facility over a considerable period. nobody's credit history is perfect - everyone has at least 1 or 2 lapses on their record. have short history of your credit doesn't show patterns or trends of persistent late payments.