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Beverage Wholesale LLC is a company selling luxury liquors and spirits to restaurants. Beverage Wholesale needs to rethink the pricing of its whiskey products. It

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Beverage Wholesale LLC is a company selling luxury liquors and spirits to restaurants. Beverage Wholesale needs to rethink the pricing of its whiskey products. It imports bottles of whiskey from Scotland at $50 per bottle and pays its supplier in cash at the day it receives its whiskey shipments. Beverage Wholesale on average holds its inventory for 83 days before it can sell it. All its sales are made on credit, and it takes Beverage Wholesale LLC 63 days to collect on its receivables. Beverage Wholesale investors require a 18.25% annual return; hence, it discounts cashflows at that rate and it discounts cash flows daily. You may assume that the year has 365 days. What is the minimum price that Beverage Wholesale needs to charge for its whiskey to earn a positive NPV

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