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LYD Corp. receives an order from a new customer, amounting $40,000.LYD Corp. uses 30 -day credit terms as a standard. The Variable Cost Ratio is
LYD Corp. receives an order from a new customer, amounting $40,000.LYD Corp. uses 30 -day credit terms as a standard. The Variable Cost Ratio is 85.00% of Sales, Collection Expense Ratio 15.00% of Sales and the Interest Rate is 5.50% (360 days per year). Instruction: (show your calculations and round to 2 decimal places) Should the order be accepted? Defend your
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