Ogello, Inc., is considering a change in its cash-only sales policy. The new terms of sale would
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Ogello, Inc., is considering a change in its cash-only sales policy. The new terms of sale would be net one month.
Based on the following information, determine if Ogello should proceed or not. Describe the buildup of receivables in this case. The required return is 1.5 percent per month.
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780072313000
5th Edition
Authors: Stephen A Ross, Randolph W Westerfield
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