You have provided your friend with a service worth $8,500.Your friend offers you the following sequence of end-of-year cash flows instead of paying $8,500 today.Should you accept his offer if your opportunity cost is 8 percent? 
Definitions:
Total Debts
The sum of all financial obligations or liabilities owed by an individual, organization, or country.
Current Assets
Assets that are expected to be converted into cash, sold, or consumed within one year or a business cycle, whichever is longer.
Purchasing Control
The process of managing and regulating the buying of goods and services for an organization, to ensure that products are purchased cost-effectively and meet the required standards.
Supplier-Purchaser Relationships
The dynamic between businesses that provide products or services and their customers or clients, focusing on transactional exchanges, trust, and long-term partnerships.
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