Question: Problem 20-10 Credit Policy Evaluation [LO2] Seether, Inc., is considering a change in its cash-only sales policy. The new terms of sale would be net

 Problem 20-10 Credit Policy Evaluation [LO2] Seether, Inc., is considering a

Problem 20-10 Credit Policy Evaluation [LO2] Seether, 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 .84 percent per month. Current Policy Price per unit Cost per unit Unit sales per month $ 980 $ 790 1,040 New Policy $ 980 $790 1,120 Calculate the NPV of the decision to switch. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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