Question: Use the information in the table below to answer questions 1 - 5. -- Sales 1,234,567 % change in sales 0.08 Cost of capital 0.065

Use the information in the table below to answer
Use the information in the table below to answer questions 1 - 5. -- Sales 1,234,567 % change in sales 0.08 Cost of capital 0.065 0.065 What is change in sales if the company adopts the proposed policy? What is the change in the cost of receivables if the rm adopts the proposed policy? What is the change in the cost of bad debt if the rm adopts the proposed policy? What is the change in prot? Should the rm change its policy? Justify your answer. 3"?\"pr

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