What is the marginal investment in accounts receivable under the proposed plan?
Fizzy Animators, Inc. currently makes all sales on credit and offers no cash discount. The firm is considering a 3 percent cash discount for payment within 10 days. The firm's current average collection period is 90 days, sales are 400 films per year, selling price is $25,000 per film, variable cost per film is $18,750, and the average cost per film is $21,000. The firm expects that the change in credit terms will result in a minor increase in sales of 10 films per year, that 75 percent of the sales will take the discount, and the average collection period will drop to 30 days. The firm's bad debt expense is expected to become negligible under the proposed plan. The bad debt expense is currently 0.5 percent of sales. The firm's required return on equal-risk investments is 20 percent. (Assume a 360-day year.)
A) $22,500
B) $40,000
C) $62,500
D) $100,000
C) $62,500
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A multichannel retailer is one thatÂ
A. sells merchandise or services through more than one channel. B. channels all assortments through stores. C. is a combination of single-channel retailers. D. buys merchandise from multiple channels to sell in the stores. E. works with other retailers who are in the channel.
If D1 = $1.25, g (which is constant) = 5.5%, and P0 = $44, what is the stock's expected total return for the coming year?
A. 7.54% B. 7.73% C. 7.93% D. 8.13% E. 8.34%
Identify the preposition or prepositions in the sentence. The work can wait until tomorrow
A letter sent to someone falsely accusing her of being a murderer constitutes the tort of defamation
a. True b. False Indicate whether the statement is true or false