A new customer with 10% risk of non-payment desires to establish business connections with you. He would
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● A new customer with 10% risk of non-payment desires to establish business connections with you.
He would require 1.5 month of credit and is likely to increase your sales by `1,20,000 p.a. Cost of sales amounted to 85% of sales. The tax rate is 30%.
Should you accept the offer if the required rate of return is 40% (after tax)?
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Related Book For 
Financial Management
ISBN: 9789352605606
1st Edition
Authors: Swapan Sarkar, Bappaditya Biswas, Samyabrata Das, Ashish Kumar Sana
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