Points: 0 Save Initiating a cash discount Gardner Company currently makes a les on credit...
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Points: 0 Save Initiating a cash discount Gardner Company currently makes a les on credit and offers no cash discount. The firm is coming offering a court or within 15 days Theme collection period is 60 days, sales are 40.000 units selling price is $48 per unit and varios por unit is $8 The firm pects to the change in die wirst anno 46.000, 70% of the sales will take the discount and that the average collection period will taille 30 days there were on events is 10% should the proposed code Antunes 365-day year) The additional profit contribution from an increase in sales is $ 11200. (Round to the nearest dollar.) The cost from the increased marginal investment in A/R is $ 2,897' (Round to the nearest dollar.) The cost from the increase in bad debts is $ 10,906) (Round to the nearest dollar) The net profit or loss from implementing the proposed plan is $ -2,603". (Round to the nearest dollar. Enter a negative number for a loss.) Is the proposed plan recommended? No (Select from the drop-down menu.)


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