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Ajman Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increase by $230009 if credit is extended. of the

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Ajman Electronics is considering extending trade credit to some customers previously considered poor risks. Sales would increase by $230009 if credit is extended. of the new accounts receivable generated, 10 percent will prove to be uncollectible. Additional collection costs will be 5 percent of sales, and production and selling costs will be 75 percent of sales. The firm needs to pay 1,500 tax on additional sales. Calculate incremental return on sales ANSWER FORMAT: 1234.56

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