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Sanchez, 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
Sanchez, 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 2 percent per month. Current Policy New Policy Price per unit $ 800 $ 800 Cost per unit $ 480 $ 480 Unit sales per month 960 1,045
Based on the above information, determine the NPV of the new policy.
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$2,591,200.00
$551,200.00
$573,248.00
$1,025,600.00
$1,305,600.00
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