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Trad on credit is convenience to Select one: O a. All of the options O b. capture new business O c. generate repeat sales O
Trad on credit is convenience to Select one: O a. All of the options O b. capture new business O c. generate repeat sales O d. trigger larger orders In evaluating a proposal to extend credit, new customers will generate an average of OMR 17,000 per day in new sales. On average, he will pay in 30 days. The variable cost ratio (COGS) is 70% of sales, administration expenses are 2% of sales, and the discount rate (Annual Interest rate in the MKT is 8%). What is the NPV of one day's sales Select one: O a. $4,651 O b. $2,951 O c. $2,521, 808 d. Non of the options
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