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Your company currently sells on terms of net 10 on annual sales of $7,000,000. Bad debt expenses are 3% of sales and variable costs total $3,500,000. Of the customers who aren't deadbeats, 30% pay immediately while the balance pay on day 10.
You have proposed changing credit terms to net 20. Sales would probably increase 16% but bad debt would increase to 5% of total sales. 20% of paying customers would pay on day 0 while the balance would pay on day 20. Your firm has an 8% opportunity cost. Find the expected impact of this credit policy change on pre-tax profits.
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Calculate the flow rate through a linear control valve with a Cv, max equal to 83.3 that has a valve position of 75% open when the pressure drop across the valve is 55psi. Assume that the liquid flowing through the control valve has a density to 55 l..
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Critically discuss the most common ethical issues facing healthcare marketing managers? How should the ethical issues be addressed in the strategic/marketing plan?
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Examine the strategic planning process. Imagine that your organization is planning to build a pediatric clinic. Determine one external factor and one internal factor that you should consider in the strategic planning of the clinic
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