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Galecki Inc. is considering bringing its credit policy in line with industry standards. The company's current policy is net 60 days and its average collection period is also 60 days. Its proposed new policy is 2/10 net 45 days. Galecki has an available line of credit with its bank at an interest rate of 0.6% per month. If the company made sales on credit totalling $650,000 per month under each scenario, what is the additional opportunity cost to the company of the proposed credit policy on these sales? (Assume one month as 30 days, and all customers will take advantage of the discount.)
What are some examples of the measures to evaluate achievment of the goals and vision of Ritz-Carlton hotel
The project manager's leadership has been identified as one of the most important critical success factors (CSFs) in project management? What do you think is the most appropriate leadership approach to succeed in project management?
The US health care industry is immense, complex and dynamic. Every country faces the decisions of what services should be produced, how they should be produced
Family Size A random sample of 60 couples married for seven years were asked to give the number of children they have.
Describe the roles of emotion and fairness in decision making and use effective communication techniques.
In regards to Total Quality Management, can you provide an evaluation of quality for the restaurant Chick-Fill-A?
What would be considered a threat from the competitive or the economic environment? What about an opportunity?
The retail home improvement chain you work for DIY discount has noticed that one of its brands of faucets isn't selling nearly as well as anticipated. What information system of the business will you usage to determine the reason for the poor sale
What is competitive advantage and how businesses incorporate it to realizing set objectives.
What are project closure activities and why are they important in project management?
Assume that part of the US is worth an average of $5,000per acre in 2015. What is the annual rate of return of this purchase for the U.S.?
What mode of international business operations do you think they would choose? Why?
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