Sanchez, Inc., is considering a change in its cash-only sales policy. The new terms of...
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Sanchez, Inc., is considering a change in its cash-only sales policy. The new terms of sale would be net one month. The required return is.88 percent per month Current Policy New Policy Price per unit $1,020 $1,020 Cost per unit $ 830 $ 830 Unit sales per 1,080 1,180 month Calculate the NPV of the decision to switch. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32,16.) NPV
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