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13-11 (similar to) Credit screening Tennindo, Inc. is starting up its new cost-efficient gaming system console, the you. Tennindo currently has 4,000 cash-paying customers and

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13-11 (similar to) Credit screening Tennindo, Inc. is starting up its new cost-efficient gaming system console, the you. Tennindo currently has 4,000 cash-paying customers and makes a profit of $60 per unit. Tennindo wants to expand its customer base by allowing customers to buy on credit. It estimates that credit sales will bring in an additional 1.000 customers per year, but that there will also be a default rate on credit sales of 5% It costs $250 to make a you, which retails for $310. If all customers old and new) buy on credit, what is the cost of bad debt without credit screening? What is the most Tennindo would pay for credit screening that accurately identifies bad-debt customers prior to the sale? What are the increased profits from adding credit sales for customers with and without credit screening? Should Tennindo offer credit sales if credit screening costs $10 per customer? What is the most Tennindo would pay for credit screening that accurately identifies bad debt customers prior to the sale? $9.00 (Round to the nearest cent) of credit screening costs $10 per customer, what are the increased profits from adding credit sales for customers with and without credit screening $ 317500 (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All bart 13-11 (similar to) Credit screening Tennindo, Inc. is starting up its new cost-efficient gaming system console, the you. Tennindo currently has 4,000 cash-paying customers and makes a profit of $60 per unit. Tennindo wants to expand its customer base by allowing customers to buy on credit. It estimates that credit sales will bring in an additional 1.000 customers per year, but that there will also be a default rate on credit sales of 5% It costs $250 to make a you, which retails for $310. If all customers old and new) buy on credit, what is the cost of bad debt without credit screening? What is the most Tennindo would pay for credit screening that accurately identifies bad-debt customers prior to the sale? What are the increased profits from adding credit sales for customers with and without credit screening? Should Tennindo offer credit sales if credit screening costs $10 per customer? What is the most Tennindo would pay for credit screening that accurately identifies bad debt customers prior to the sale? $9.00 (Round to the nearest cent) of credit screening costs $10 per customer, what are the increased profits from adding credit sales for customers with and without credit screening $ 317500 (Round to the nearest dollar.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All bart

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