Lengthening the credit period parker tool is considering lengthening its credit pe- riod from 30 to 60 days. all customers will continue to pay on the net date. the firm currently bills $450,000 for sales and has $345,000 in variable costs. the change in credit terms is expected to increase sales to $510,000. bad-debt expenses will increase from 1% to 1.5% of sales. the firm has a required rate of return on equal-risk investments of 20%. (note: assume a 365-day year.) a. what additional profit contribution from sales will be realized from the proposed change? b. what is the cost of the marginal investment in accounts receivable? c. what is the cost of the marginal bad debts? d. do you recommend this change in credit terms? why or why not?

Consumer surplus is: the difference between the price of a product and what consumers were willing to pay for the product. the difference between the discounted price of a product and its retail price. the difference between the price paid by consumers and the price required of producers. the difference between the price of a product and consumers' valuation of the last unit of the product purchased.

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.