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The Berry Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.5 percent
The Berry Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.5 percent per period. Based on the following information, what is the break-even price per unit that should be charged under the new credit policy? (Round your answer to 2 decimal places. (e.g., 32.16))
Current Policy New Policy Price per unit $ 86 $ 88 Cost per unit $ 47 $ 47 Unit sales per month 3,510 3,750
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