A firm is considering relaxing credit standards, which will result in annual sales increasing from $1.5 million to $1

75 million, the cost of annual sales increasing from $1,000,000 to $1,125,000, and the average collection period increasing from 40 to 55 days. The bad debt loss is expected to increase from 1 percent of sales to 1.5 percent of sales. The firm's required return on investments is 20 percent. The firm's cost of marginal investment in accounts receivable is ________. (Assume a 360-day year.)
A) $5,556
B) $9,944
C) $12,153
D) $152,778


C

Business

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?Consider the following hypothesis problem. n= 14 H0: ?2< 410 s= 20 Ha: ?2> 410 ? ?The null hypothesis is to be tested at the 5% level of significance. The critical value(s) from the chi-square distribution table is(are)

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Business