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The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.0 percent
The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2.0 percent per period. |
Current Policy | New Policy | |||||
Price per unit | $ | 82 | $ | 84 | ||
Cost per unit | $ | 42 | $ | 42 | ||
Unit sales per month | 3,800 | ? | ||||
What is the break-even quantity for the new credit policy? |
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