64. Currently, Glasgow Importers sells 280 units a month at a price of $729 a unit. The firm believes it can increase its sales by an additional 40 units if it switches to a net 30 credit policy. The monthly interest rate is.5 percent and the variable cost per unit is $480. What is the net present value of the proposed credit policy switch? A. -$213,360 B. -$9,240 C. $190,200 D. $1,287,520 E. $1,768,680 69.You have the opportunity to make a one-time sale if you will give a new customer 30 days to pay. You suspect there is a 15 percent chance this person will never pay you. The sales price of the item the customer wants to buy is $330. Your variable cost on that item is $274 and your monthly interest rate is 1.15 percent. Should you grant credit to this customer? Why or why not? A. B. C. D. E. Yes; because the NPV of the potential sale is $13.05 Yes, because the NPV of the potential sale is $3.31 No; because the NPV of the potential sale is -$13.00 No; because the NPV of the potential sale is -13.05 No; because the NPV of the potential sale is -$2.65 71. You are trying to attract new customers you feel could become repeat customers. The average selling price of your products is $119 each with a $76 per unit variable cost. The monthly interest rate is 1.25 percent. Your experience tells you that 8 percent of these customers will never pay their bil. What is the value of a new customer who does not default on his or her bill? A. $5,73:3 B. $3,440 C. $2,617 D. $8,8117 E. $9,520