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Arnold Barker is considering extending credit to a group of new customers. The new customers will generate an average of $ 3 5 , 0
Arnold Barker is considering extending credit to a group of new customers. The new customers will generate an average of $ per day in new sales. On average, they will pay in days. The variable cost ratio is and the default rate is of sales. If the cost of capital is what is the NPV of one days sales if Arnold grants credit.
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