Question: Question 16 (5 points) Apple Inc. is considering a change in its cash-only sales policy. The new terms of sale would be net one month.

Question 16 (5 points) Apple 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.98 percent per month. Currently, the firm sells 420 units per month at $736 per unit. Under the new policy, the firm expects sales of 475 units also at $736 per unit. The variable cost per unit is $426. What is the NPV of switching? $1,228,750 $1,407,246 $1,335,021 $1,238,250 $1,056,784

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