subject
Mathematics, 03.11.2021 01:30 allieliquori

Lewis Enterprise is considering relaxing its credit standards to increase it currently staffing sales. As a result of the proposed relaxation, sales are expected to increase by 10% from 10,000 to $11,000 units during the coming year; the average collection period is expected to increase from 45 to 60 days; and bad debts are expected to increase from 1% to 3% of sales. The sale price per unit is $40, and the variable cost per unit is $31. The firm’s required return on equal-risk investments is 25%. Evaluate the proposed relaxation and make a recommendation to the firm. (Note: Assume a 365-day year.)

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
The ratio of rock songs to dance songs on jonathan’s mp3 player is 5: 6. the total number of rock and dance songs jonathan has is between 101 120. how many rock songs does he have?
Answers: 2
question
Mathematics, 21.06.2019 17:00
There are 15 plates and each plate is either 7 or 12 inches diameter. which systems of equations do you use to find the number of 7 inch plates, x and 12 inch plates, y
Answers: 1
question
Mathematics, 21.06.2019 19:30
Kendra had twice as much money as kareem. kendra later spent $8 and kareem earned $6. by then,the two had the same amount of money. how much money did each have originally?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Use the method of cylindrical shells to find the volume v generated by rotating the region bounded by the curves about the given axis.y = 7ex, y = 7e^-x, x = 1; about the y-axis
Answers: 2
You know the right answer?
Lewis Enterprise is considering relaxing its credit standards to increase it currently staffing sale...
Questions