Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Nov 2017 My Price 4.00

Devour, Inc.

10.        Credit Policy Evaluation   Devour, Inc., is considering a change in its cash- only sales policy. The new terms of sale would be net one month. Based on the following information, determine if Devour should proceed or not. Describe the buildup of receivables in this case. The required return is .95 percent per month.

 

 

Current Policy

New Policy

Price per unit

$720

$720

Cost per unit

$525

$525

Unit sales per month

1,240

1,290

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Nov 2017 09:11 PM My Price 4.00

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