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 1.7 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 1.7 percent per period. |
| Current Policy | New Policy | |||||
| Price per unit | $ | 65 | $ | 67 | ||
| Cost per unit | $ | 35 | $ | 35 | ||
| Unit sales per month | 2,750 | 2,870 | ||||
| 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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Financial Management For Nonprofit Human Service Organizations
Authors: Raymond Sanchez Mayers
2nd Edition
0398075131, 9780398075132
