Calculate the proposal's NPV, IRR, and NAB. Should credit be extended to the new customers? (Credit standards) A company is considering withdrawing credit from a group of customers who are not paying on time. These customers purchase $200,000 per year, pay in 120 days on average (as-sume a 360-day year), and default on 15% of their. purchases. The company would save $15,000 in administrative costs per year and could reduce its idle cash balance by $5,000 if it terminated these accounts The company's variable costs average 60% of sales, it is in the 35% marginal tax bracket, and it has a 13% cost of capital. Calculate the incremental cash flows from accepting this proposal. Organize your cash flows from into a cash flow spreadsheet. Calculate the proposal's NPV, IRR, and NAB. Should credit be withdrawn from these customers? (Payment date) A company with annual sales of