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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. |
Current Policy | New Policy | |||||
Price per unit | $ | 73 | $ | 75 | ||
Cost per unit | $ | 38 | $ | 38 | ||
Unit sales per month | 3,280 | 3,390 | ||||
Calculate the NPV of the decision to change credit policies. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) |
NPV | $ |
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