Credit Policy Evaluation Change
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A company currently has an all credit policy but is considering making a change in the policy by going to terms of net 30 days...based on the information provided below what do you recommend ( required return is 2 % per month)...
current policy new policy
price per unit $340 $345
cost per unit $ 260 $ 265
unit sales per month $ 1800 $ 1850
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Solution Summary
The solution evaluates a company's decision to change their credit policy.
Solution Preview
current policy new policy
price per unit $340 $345
cost per unit $ 260 $ 265
unit sales per month $ 1800 ...
Purchase this Solution
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