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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 3
The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 3 percent per period. Price per unit Cost per unit Current Policy $ 88 New Policy $ 90 $ 48 $ 48 Unit sales per 4,700 4,800 month NPV Calculate the NPV of the decision to change credit policies. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) EA
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