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Veni, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30
Veni, Inc., 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 is the break-even price per unit under the new credit policy? The required return is .79 percent per month. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current Policy $ 190 $ 146 New Policy ? $ 150 Price per unit Cost per unit Unit sales per month 1,410 1,450 Break-even price
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