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MUST SHOW ALL WORK IN EXCEL MUST UPLOAD EXCEL TO THE DROPBOX, NO ATTACHMENTS. XYZ Co is thinking about expanding. They have provided the following
MUST SHOW ALL WORK IN EXCEL MUST UPLOAD EXCEL TO THE DROPBOX, NO ATTACHMENTS. XYZ Co is thinking about expanding. They have provided the following information: Expect an extra $2.5 million in sales 18% of the sales will be uncollectible Collection Costs are 3% on all new sales Production Costs 70% of sales Selling expenses are 11% of sales Opportunity Cost of 22% (before taxes) Turn Receivables 4 times per year Should XYZ Co expand
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