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DONT USE AI PLEASE Your company currently accepts cash sales for the sale of golf shoes, but it is considering offering new credit terms for
DONT USE AI PLEASE Your company currently accepts cash sales for the sale of golf shoes, but it is considering offering new credit terms for one period. Based on the proposed credit policy, the
price of one pair will increase from $ to $ You are expecting to sell additional pairs per period. Under the cashonly policy, your company sells pairs per
period. There will not be any change in the variable cost, and it will remain at $ per pair. In addition to these changes, the accounting department conducts an aging
schedule analysis and expects bad debt losses to be $ per period. Your company will finance additional investment in receivables by using a line of credit, which
charges interest for each period. Your company's tax rate is Calculate the NPV of this switch Do not use the $ sign. If your answer is $ enter and if
your answer is $ then enter
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