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The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.4 percent

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The Snedecker Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 1.4 percent per period. Price per unit Cost per unit Unit sales per month Current Policy $ 56 $ 32 2,300 New Policy $ 58 $ 32 2,425 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.) NPV

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