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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% per
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% per period.
Current PolicyNew PolicyPrice per unit$73 $75 Cost per unit$38 $38 Unit sales per month 3,280 3,390
Calculate the NPV of the decision to change credit policies. (Omit "$" sign in your response. Negative answer should be indicated by a minus sign.)
NPV=?
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