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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 $50 $52
Cost per unit $30 $30
Unit sales per month 2,000 ?
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.)
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