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Use excel 14. Credit Policy Evaluation [LO2] The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one
Use excel
14. Credit Policy Evaluation [LO2] The Harrington Corporation is considering a change in its cash-only policy. The new terms would be net one period. Based on the following information, determine if Harrington should proceed or not. The required return is 2.5 percent per period. Current Policy Price per unit Cost per unit Unit sales per month $86 $47 3,510 New Policy $88 $47 3,620 15. Credit Policy Evaluation [LO2] Happy Times currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what do you recommend? The required return is .95 percent per month. Price per unit Cost per unit Unit sales per month Current Policy $150 $130 1,550 New Policy $154 $133 1,580Step by Step Solution
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