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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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