Business, 22.08.2019 20:20, mads727

Assume atlantic fish sells 3,200 pounds of fish per month at a price of $2.90 a pound. the variable cost per pound is $2.22. currently, the firm has a cash-only sales policy. the firm is considering changing to a net 30 credit policy. the monthly required return is 1.2 percent. what does the new level of sales need to be to break-even on the switch

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Assume atlantic fish sells 3,200 pounds of fish per month at a price of $2.90 a pound. the variable...