Accountancy, asked by rajnikantdubey4342, 1 year ago

A company has current sales of 225 million. its sells all its products on credit. the firm is considering relaxing its credit standards by virtue of which its sales would go up by 30 million on which bad debts losses would be 12% . the contribution margin for the firm is 20%, the average collection period is 30 days which remains constant after the proposed relaxation in credit standards

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Answered by irfan143
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Answered by aliya44
0
10000000000000000000
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