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ROUND TO ZERO DECIMAL PLACES. THANK YOU! Current Proposed Sales 2,000,000 % change in sales 0.015 Cost of capital 0.05 Credit terms 30 60 Bad

ROUND TO ZERO DECIMAL PLACES. THANK YOU!

Current

Proposed

Sales

2,000,000

% change in sales

0.015

Cost of capital

0.05

Credit terms

30

60

Bad debt

0.03

0.05

1. What are the sales under the new policy?

2. What is the change in sales under the new policy?

3. What is the current accounts receivable balance?

4. What is the accounts receivable balance under the proposed policy?

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