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Jungle, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30
Jungle, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. The required return is .58 percent per month.
Current Policy New Policy
Price per unit. $ 155 $ 158
Cost per unit $ 125. $ 128
Unit sales per month 1,200 1,230
Calculate the NPV of the decision to change credit policies. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
NPV $
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