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15. Credit Policy Evaluation (LO2) Happy Times currently has an all-cash credit policy. It is considering making a change in the credit policy by going

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15. Credit Policy Evaluation (LO2) Happy Times currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what do you recommend? The required return is 0.95 percent per month. Current Policy New Policy $ 290 Price per unt Cost per unit Unit sales per month $ 230 $ 295 $ 234 1,125 1,105

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