Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Dyson is considering changing the credit term for its customers and also enforcing its credit policy more strongly. Dyson's annual sales is $13 million and the current credit term is 3/30, net 45. Right now, 10% of the customer paid by cash, 20% of the customer paid in Day 30, 50% of the customer paid in Day 45 and still take the discount (which they shouldn't), and 20% of the customer paid late in Day 55. Dyson wants to change the credit term to 5/10, net 30. It believes the stricter enforcement of the credit policy will result in a 2% decline in annual sales. Under the new policy, 10% of the customer will still pay by cash, 60% of the customer will pay in Day 10, and 30% of the customer will pay in Day 30 and Dyson will ensure these customers don't get the discount. As a result of trying to enforce the new policy, Dyson expects to incur extra legal expense of $50,000 to warn customers who don't comply with the new policy. Bad debt is currently sitting at 3% of credit sales and Dyson estimates that bad debt would reduce to 1% of credit sales under the new policy. Dyson's profit margin is 35% and it has a line of credit with the bank charging an interest rate of 9%. Should Dyson change its credit policy?
You must show all calculation steps, providing a final answer only will not get you full marks.
Compare and contrast expansionary and contractionary fiscal policy, be as detailed as possable
What are examples of virtues, values, and moral concepts? How do each of these relate to one another? In what ways are they separate and in what ways are they connected?
What are the general workforce trends? What are the general trends in leadership/management that are impacting your organization?
Suppose that we want to improve her economic conditions with an income guarantee of 300 dollars and a benefit reduction rate of 30 percent (for each dollar that she earns, the program reduces 30 cents on her benefit). Graph her new budget constrai..
In other words, what is the endgame? Next, please write out the FCF formula. After you've written out the equation, please explain the meaning of each variable
Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments Identifies and analyzes the most important internal strengths and weaknesses of your organization: include an assess..
Based on the strategic group map, which casual dining chains are Applebee's closest competitors? With which strategy group does California pizza kitchen
Determine who the assumed target market is for the website. Describe how well you think the website will resonate with the assumed target market,
A leader's job is to create the direction for the company to move forward. The leader does this in three major ways the creation of the organizational vision and mission, the structure, and culture. Here are the steps of the process:
1. In the face of financial pressures, you are forced to make budget cuts for your unit. Where do you cut?
Herman Googe agreed to buy an automobile from Irene Schleimer. Later, George changed his mind and refused to buy the car. Schleimer
Economic Order Quantity (EOQ) models are supportive in determining accurate inventory decisions. Describe the major inventory costs that are used in determining Economic Order Quantities.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd