Question: Devour, 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
Devour, 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 1.4 percent per month Price per unit Cost per unit Unit sales per month Current Policy New Policy $700 $700 $455 $455 1120 1,175 Required: Based on the above Information, determine the NPV of the new policy $674,625.00 $1.940,975.00 $924.000.00 $159,614.00 O $153.475.00
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
