The Branson Corporation is considering a change in its cash - only policy. The new terms would be net one period. The required return is 2.0 percent per period. Current Policy New Policy Price per unit $ 50 $ 52 Cost per unit $ 30 $ 30 Unit sales per month 2,000? What is the break - even quantity for the new credit policy?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter18: The Management Of Accounts Receivable And Inventories
Section: Chapter Questions
Problem 14P
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The Branson Corporation is considering a change in its cash - only policy. The new
terms would be net one period. The required return is 2.0 percent per period. Current
Policy New Policy Price per unit $ 50 $ 52 Cost per unit $ 30 $ 30 Unit sales per month
2,000? What is the break - even quantity for the new credit policy?
Transcribed Image Text:The Branson Corporation is considering a change in its cash - only policy. The new terms would be net one period. The required return is 2.0 percent per period. Current Policy New Policy Price per unit $ 50 $ 52 Cost per unit $ 30 $ 30 Unit sales per month 2,000? What is the break - even quantity for the new credit policy?
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