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Firm A is a successful firm and thus the going concern is applied. The credit policy is net 3 0 days. The price per unit

Firm A is a successful firm and thus the going concern is applied. The credit policy is net 30 days. The price per unit is $50, the variable cost per unit is $30, and the monthly required return is 2%. Calculate the break-even point of the default probability based on accounting numbers.Question 15 options:60%40%70%30%50%

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