Question: Devour, Inc., is considering a change in its cash only sales policy. The new terms of sale would be net one month. The required return

Devour, Inc., is considering a change in its cash only sales policy. The new terms of sale would be net one month. The required return is 0.86 percent per month.

Current Policy New Policy
Price per unit $ 1,000 $ 1,000
Cost per unit $ 810 $ 810
Unit sales per month 1,060 1,140

Calculate the NPV of the decision to switch. (Round your answer to 2 decimal places. (e.g., 32.16))

NPV $

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