Devour, Inc., is considering a change in its cash only sales policy. The new terms of sale
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Devour, Inc., is considering a change in its cash only sales policy. The new terms of sale would be net one month. Based on the following information, determine if Devour should proceed or not. Describe the buildup of receivables in this case. The required return is .95 percent permonth
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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