Codiac Corp currently has an all cash credit policy It is considering making a change in the credit policy by going to terms of net 30 days The required return is 0 81 per month Current Policy New Policy Price per unit $ 200 $ 204 Cost per unit $ 152 $ 156 Unit sales per month 1,470 1,510 Calculate the NPV of the decision to change credit policies (Negative answer should be indicated by a minus sign Do not round intermediate calculations Round the final answer to 2 decimal places Omit $ sign in your response ) NPV $

Question

Codiac Corp  currently has an all cash credit policy  It is considering making a change in the credit policy by going to terms of net 30 days  The required return is 0 81  per month  Current Policy New Policy Price per unit $ 200 $ 204 Cost per unit $ 152 $ 156 Unit sales per month 1,470 1,510 Calculate the NPV of the decision to change credit policies  (Negative answer should be indicated by a minus sign  Do not round intermediate calculations  Round the final answer to 2 decimal places  Omit $ sign in your response ) NPV $

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Codiac Corp. currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30

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	Current Policy		New Policy
Price per unit	$	200	$	204
Cost per unit	$	152	$	156
Unit sales per month		1,470		1,510