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Should the company (a) maintain its current credit policy or (b) offer a 3/14, n/70 credit terms to its customers, given that its customers usually
Should the company (a) maintain its current credit policy or (b) offer a 3/14, n/70 credit terms to its customers, given that its customers usually pay in 70 days? -Selling Price $600 -Cost of production $480 -Cost of Capital $12%
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