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Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return
Red Hawk, Incorporated, is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is .98 percent per month. Current Policy New Policy Price per unit $ 1,120 $ 1,120 Cost per unit $ 930 $ 930 Unit sales per month 1,180 1,280 Calculate the NPV of the decision to switch. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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