Question
Egnab Inc. is approached by a new customer for an additional order of $7,500. Considering the following data: Variable Cost Ratio = 60% of Sales
Egnab Inc. is approached by a new customer for an additional order of $7,500. Considering the following data:
Variable Cost Ratio = 60% of Sales
Collection Expense Ratio = 5% of Sales
Annual Interest Rate = 8% (360 days) and the
Standard Credit Terms are 30 days
Should Egnab Inc. accept the order? Give your answer in complete sentences and defend it!
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Marketing Theory And Practice
Authors: Michael J. Baker
1st Edition
1349068555, 9781349068531
