Question
The Tradition 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 Tradition 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 | $ | 84 | $ | 86 | ||
| Cost per unit | $ | 44 | $ | 44 | ||
| Unit sales per month | 4,100 | ? | ||||
| What is the break-even quantity for the new credit policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
Break-even quantity?
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The Municipal Budget Crunch A Handbook For Professionals
Authors: Roger L. Kemp
1st Edition
0786463740, 978-0786463749
