I need an exact answer to make a solution of this question.

Which management i have to take , the first or the second (explanation is under the table)

Clear Glass Companyl Clear Glass Company has forecast its total flmds requirements for the coming year as shown in the following table. Then, the board is currently investigating to improve rm's performance through two plans, an offering any discounts, and a change in the collection of accounts receivable without debt bad Clear Glass Company currently sells on credit oniy and does not offer any discounts. It reported sales are SWJlt} units and selling price is $400 per unit. It takes (it) days to collect accounts receivable. The variable cost is $320 per container. The rst is considering offering a 5% discount for payment within 15 days- Ifne discount is implemented, it is expected that sales will increase to 380,000 units, 30% of sales will take the discount, and the average coection period will fall to 30 days. The rm's required rate of return is 29% (Note: Use a 355 -day year). The second is investigating a change in the collection of accounts receivable without debt bad that is expected to result in a 29% increase in credit sales and a 10% increase in the average collection period. No change in bad debt is expected. The rms opportunity cost on its investment in accounts receivable is 12%- (Note: Use a 365day year.) Questions a. Based on the two management's {the rst and the second) considering to improve performance, which one would you recommend the firm implement the proposed change? m