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Sales Lag factor Cost of capital net 35 $6,000,000 1 6% Bad debt, % sales 6.5% Cost of goods sold, % sales 80% G&A,

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Sales Lag factor Cost of capital net 35 $6,000,000 1 6% Bad debt, % sales 6.5% Cost of goods sold, % sales 80% G&A, % sales 10% 1. What is the present value of the firm's daily net sales? 2. What is the firm's daily cost of goods sold? - 23+ 3. What is the present value of the firm's daily G&A expense? 4. What is the net present value of the firm's current policy?

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