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Your fiRm Currently Sells 215 Units a Month at a Price

question 88

Multiple Choice

Your firm currently sells 215 units a month at a price of $90 a unit. You think you can increase your sales by an additional 45 units if you switch to a net 30 credit policy. The monthly interest rate is .5
Percent and your variable cost per unit is $60. What is the net present value of the proposed credit
Policy switch?


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Federal Government

The national government of a federal system, which shares power with state or provincial governments according to the constitution of the country.

National Bank System

A network of banks chartered by the federal government in the United States, established to create a stable, national currency and improve the government's control over the economy.

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Warfare characterized by the use of current technology and tactics, involving nations or groups, and often including cyber warfare and advanced weapons systems.

Industrial Technology

The application of engineering and manufacturing technology to make production faster, simpler, and more efficient.

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