Credit Policy Evaluation The Jungle Corporation is considering a change in its cash-only policy. The new terms
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Credit Policy Evaluation The Jungle Corporation is considering a change in its cash-only policy. The new terms would be net one period. Based on the following information, determine if Jungle should proceed. The required return is 3 percent per period.
Current Policy New Policy Price per unit $ 75 $ 80 Cost per unit $ 43 $ 43 Unit sales per month 3,200 3,500
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