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Happy Times currently has an all-cash credit policy. t is considering making a change in the credit policy by going to terms of net 30

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Happy Times currently has an all-cash credit policy. t is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what is the break-even price per unit under the new credit policy? The required return is .95 percent per month. (Do not round intermediate calculations and round your final answer to decimal places. (e.g., 32.16)) Current Policy S 295 $ 230 1,105 New Policy Price per unit Cost per unit Unit sales per month S 234 1,125 Break-even price

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