Question 31 (6 points) Laptech Inc. is a local supplier of Microchip Crystals is considering expanding globally which will lead to increased credit sales. While the firm expects an extra $8 million in sales if it expands its markets, it also knows that 10% of its sales will ultimately be uncollectible. In addition, collection costs will be 8% on all new sales and the firm's production costs are 60% of sales. Selling expenses are 15% of sales and Laptech has an opportunity cost of funds (before tax) of 12%. Laptech can turn its receivables 6 times per year. Is it worthwhile for Laptech to expand its Global reach by calculating the incremental change in benefits from a change in credit policy. (Make sure you show the incremental change) Excel Template Format 5 6 7 8 9 O