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What is the change in annual income

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Reference no: EM132503102

Company X has credit sales of $189,000

Annual credit terms of net 30 days,

Collection period is 30 days.

3/10 discount worth it?

Cash generated used for bank loans of 12%

3/10 discount causes 23% increase in sales

Profit of 15%

Question 1: What is the change in annual income? Take offer?

Reference no: EM132503102

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