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76. Under your current cash sales only policy you sell 132 units a month for a total sales value of $9,240. Your variable cost per
76. Under your current cash sales only policy you sell 132 units a month for a total sales value of $9,240. Your variable cost per unit is $44 and your monthly interest rate is 1 percent. Based on a recent survey, you believe that you can sell an additional 22 units per month if you offer a net 30 credit policy. What is the net present value of the proposed switch? a. $45,976 b. $46,992 C. $49,081 d. $50,224 77. The Green Hornet sells earnings forecasts for international securities. Its credit terms are 2/10, net 30. Based on experience, 55 percent of all customers will take the discount. The firm sells 2,600 forecasts every month at a price of $1,100 each. What is the firm's average balance sheet amount in accounts receivable? a. $940,274 b. $1,408,272 C. $1,786,521 d. $1,811,012
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