I need answers for a, b, c and d for #11.

ginal tax rate is 35%. posed system to the company, and should it be im- plemented, if the company's daily cash inflows average: a. $150,000? c. $450,000? b. $300,000? d. $600,000? 11. (Credit standards) A company is considering ex- tending credit to a group of customers who have not previously met the company's credit standards. The company forecasts that the new customers would purchase $80,000 per year, would pay in 75 days on average (assume a 360-day year), and would default on 8% of their purchases. It would cost $5,000 per year to administer the new accounts. The company's variable costs average 80% of sales, it is in the 35% marginal tax bracket, and it has a 9% cost of capital. a. Calculate the incremental cash flows from accept- ing this proposal. b. Organize your cash flows from part a into a cash flow spreadsheet. c. Calculate the proposal's NPV, IRR, and NAB. d. Should credit be extended to the new customers? -. (Credit standards) A company is considering with- drawing credit from a group of customers who are not paying on time. These customers purchase $200,000 per year, pay in 120 days on average (as- sume a 360-day year), and default on 15% of their TI 01