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46: Taliana is evaluating a proposal to extend credit to a group of new customers. The new customers will generate an average of $30,000 per

46:
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Taliana is evaluating a proposal to extend credit to a group of new customers. The new customers will generate an average of $30,000 per day in new sales. On average, they will pay in 60 days. The variable cost ratio (i.e., COGS) is 98% of sales, collection expenses are 1% of sales, and the discount rate is 5%. Assume that the variable costs occur upfront, while the collection costs occur on the date in which the customer's payment is received. What is the NPV of one day's sales if Firm J grants credit? Assume that there is no bad debt loss. O a. $57.88 Ob -$319.57 Oc. -$239.67 Od. None of the given choices is correct O e. $1,043.56

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