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please help me with this A company with annual sales of 524,000,000 is considerine chancing its payment terms trom net. 40 to net 30 to

please help me with this
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A company with annual sales of 524,000,000 is considerine chancing its payment terms trom net. 40 to net 30 to encourage customers to pay more promptly. The company forncats that customers would respond by paying on day 34 rather than day 44 as at present (assume a 360 day year) but would decrease their purchases by $450,000 per year. The company atho forecasts that its idie cash balance would decrease by $40,000 and adminiatrative costs would be reduced by $35,000 per year. The company's variable costs average 66\% of saler, it is in the 35\% marginal tax bracket, and it has an 9% cost of capital. E Double click and put your answer here. A company with annual sales of 524,000,000 is considerine chancing its payment terms trom net. 40 to net 30 to encourage customers to pay more promptly. The company forncats that customers would respond by paying on day 34 rather than day 44 as at present (assume a 360 day year) but would decrease their purchases by $450,000 per year. The company atho forecasts that its idie cash balance would decrease by $40,000 and adminiatrative costs would be reduced by $35,000 per year. The company's variable costs average 66\% of saler, it is in the 35\% marginal tax bracket, and it has an 9% cost of capital. E Double click and put your answer here

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