Your firm sells for cash only, but it is thinking of offering credit, allowing customers 90 days to pay. Customers understand the time value of money, so they would all wait and pay on the 90th day. To carry these receivables, you would have to borrow funds from your bank at a nominal 10%, daily compounding based on a 360-day year. You want to increase your base prices by exactly enough to offset your bank interest cost. To the closest whole percentage point, by how much should you raise your product prices? Do not round intermediate calculations. Round your answer to the nearest whole number.
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History, 21.06.2019 20:30
What happened as agriculture became entrenched in the south ?
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History, 22.06.2019 03:00
In harriet's country, the ten provincial states that make up the nation hold the majority of power, with a small central government handling foreign policy and trade. harriet lives under a government best described as which of the selections listed below? select one: a. parliamentary b. federal c. confederal d. unitary
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History, 22.06.2019 08:00
Carefully examine this photograph of a home bomb shelter. fearing a nuclear attack, many people put these in their homes during the 1950s. describe what you see in the image. what kinds of things did this homeowner think to include?
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History, 22.06.2019 10:20
The key idea of john locke’s enlightenment theory was to protect and enhance the freedoms and rights of
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Your firm sells for cash only, but it is thinking of offering credit, allowing customers 90 days to...
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