QUESTION 3 (8 MARKS) REQUIRED Advise Siyadula if it should change its credit terms. Show all calculations to support your advice. INFORMATION Siyadula Enterprises credit terms are currently 3/10 net 30 days. In order to stimulate sales, the business is considering changing its credit terms to 5/15 net 30 days. The following information relates to the current and proposed terms: Selling price Variable costs Debtors collection period Credit sales Bad debts Percentage of customer who make used of the discount Required rate of return Current R220 R80 40 days 12 000 units 2% of sales Proposed R220 R80 35 days 15 000 units 1% of sales 60% 40% 16%