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Seether, Inc., is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is
Seether, Inc., is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is 0.95 percent per month. Current Policy New Policy Price per unit $630 $630 Cost per unit $495 $495 Unit sales per month 1,240 1,310 "Based on the above information, describe the buildup of receivables, and then determine if the company should proceed or not
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