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Business, 15.11.2019 00:31 geeez65

Jungle, 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 .83 percent per month. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

current policy new policy
price per unit $ 210 ?
cost per unit $ 158 $ 163
unit sales per month 1,530 1,570

break-even price $

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