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PLEASE ANSWER BY 5:30 PM (IN 60 MINUTES) AND SHOW YOUR WORK! I WILL THUMBS UP IF CORRECT! The Flowery Corporation is considering a change

PLEASE ANSWER BY 5:30 PM (IN 60 MINUTES) AND SHOW YOUR WORK! I WILL THUMBS UP IF CORRECT!

The Flowery Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent per period. What is the net present value of the new policy given the following information?

Current Policy New Policy

Price Per Unit $74 $82

Cost Per Unit $22 $22

Unit Sales Per Month 3,340 3,410

PLEASE SHOW YOUR WORK!

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