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Ryan Corporation reports the ffg information: a) Selling Price per unit b) Variable cost per unit c) Total fixed costs d) Annual credit sales e)
Ryan Corporation reports the ffg information: a) Selling Price per unit b) Variable cost per unit c) Total fixed costs d) Annual credit sales e) Collection period f) Rate of return P 10 P 8 P 120,000 240,000 units 3 months 25% Ryan considers relaxing its credit standards by granting extension of credit terms. The following are expected to result: Sales will increase by 25%. Collection costs will increase by P40,000. Bad debt losses are expected to be 5% on the incremental sales. Collection period will increase to 4 months
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