Company has 2 million revenue for the old credit policy 1/10 net 30, new credit policy 6/10 net 50 is expected to reduce the price for 5% which will increase the sales for cash for 15% and credit for 15% how should i calculate the effect?

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To calculate the effect of changing the credit policy from the old policy 110 net 30 to the new poli... View the full answer