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Business, 10.12.2021 23:30 mahogany1956

You are currently selling 48 units a month at a price of $199 a unit. Your variable cost of each unit is $87. If you switch from your current cash sales only policy to a net 30 policy you think your sales will increase to a total of 55 units per month. The monthly interest rate is 1.2 percent. What is the present value of this switch using the accounts receivable approach? a. $76,516
b. $64,829
c. $80,822
d. $41,520

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