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Which of the folowing situation does it NOT make economic sense for a consumer to pass on an offered discount? A. If the organizations does not have cash availability to take the discount but has a short-term credit facility that carries an interest rate higher than the approximated cost of not taking the discount B. If the organization has the ability to effectively change the terms by stretching out its accounts payable (A/P) terms. By paying the next amount at a later date, the paying organization is effectively reducing the implied interest rate on the transaction C If the organization can earn a rate of return exceeding the discount rate by investing the funds in the short term instead of paying early and earning the discount D. None of these situations are correct

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