... firm is offered trade credit terms of 3/15, net 30 days. The firm does not take the discount, and it pays after 50 days. What is the effective annual cost of not taking this discount? (Assume ... $4,562,500 in goods over a 1-year period from its sole supplier. The supplier offers trade credit under the following terms: 2/15, net 50 days. If Hayes chooses to pay on time but not to ... company’s accounts payable, and what is the effective annual cost of its trade credit? (Assume a 365-day year.) a. $ 208, 333; 17.81% b. $416,667; 17.54% c. $416,667; 27.43% d. $625,000; 17.54%...