The Cellar Door currently sells 1,849 units per month for total monthly sales of $627,800. The company is considering replacing its current cash-only credit policy with a net 30 policy. The variable cost per unit is $214 and the monthly interest rate is .87 percent. What is the new sales quantity at the switch break-even level of sales?

The top-down approach to computing the operating cash flow:

Which one of the following is defined by its mean and its standard deviation?

The net present value of a project will increase if:

An increase in which one of the following is an indicator that an accounts receivable policy is becoming more restrictive?

Gateway Communications is considering a project with an initial fixed assets cost of $1.74 million that will be depreciated straight-line to a zero book value over the 10-year life of the project. At the end of the project the equipment will be sold for an estimated $232,000. The project will not change sales but will reduce operating costs by $383,500 per year. The tax rate is 21 percent and the required return is 10.7 percent. The project will require $48,000 in net working capital, which will be recouped when the project ends. What is the project’s NPV?

A decrease in which one of the following will increase the accounting break-even quantity? Assume straight-line depreciation is used and ignore taxes.

A stock had returns of 19.10 percent, 22.86 percent, −16.34 percent, 9.50 percent, and 28.57 percent for the past five years. What is the standard deviation of the returns?

Which one of the following items is most likely a derived-demand inventory item?

Which one of the following time periods is associated with low rates of inflation?