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Company X has credit sales of $189,000 Annual credit terms of net 30 days, Collection period...

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%

what is the change in annual income?

Take offer?

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