Question
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 | $ | 68 | $ | 70 | ||
| Cost per unit | $ | 36 | $ | 36 | ||
| Unit sales per month | 2,900 | ? | ||||
| | ||||||
What is the break-even quantity for the new credit policy?
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Emerging Market Finance New Challenges And Opportunities
Authors: Bang Nam Jeon, Ji Wu
1st Edition
1839820594, 978-1839820595
