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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

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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 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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