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Chap 28HW - Credit and Inventory Management (i) Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale

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Chap 28HW - Credit and Inventory Management (i) Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is .82 percent per month. 5 points Calculate the NPV of the decision to switch. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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