QUESTION 4 a proposal to extend credit to a group of new customers. The new customers will generate an average of $45,000 per day in new sales. On average, they will pay in 45 days. The variable cost ratio 75% colection expenses are 4% of sales, and the cost of capital is 12%. What is the NPV of one day's sales if George grants credit? Assume that there is no bad debt loss. $9,288.77 O $8,820.19 O $8,055.09 o $7,385.44 O $6.246.46 QUESTION 5 Table 1 Credit Sales Uncollected Amount 10,000 25,000 January S100,000 125,000 150,000 175,000 April 60,000 5.00 7,44 ti QUESTION 6 With respect to the rec ratio has substantialy while the