emily200705
03.08.2019 •
Business
Lengthening the credit period parker tool is considering lengthening its credit pe- riod from 30 to 60 days. all customers will continue to pay on the net date. the firm currently bills $450,000 for sales and has $345,000 in variable costs. the change in credit terms is expected to increase sales to $510,000. bad-debt expenses will increase from 1% to 1.5% of sales. the firm has a required rate of return on equal-risk investments of 20%. (note: assume a 365-day year.) a. what additional profit contribution from sales will be realized from the proposed change? b. what is the cost of the marginal investment in accounts receivable? c. what is the cost of the marginal bad debts? d. do you recommend this change in credit terms? why or why not?
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Ответ:
Answer
Marketing manager
Explanation
In her previous role as the assistant marketing manger,Priya was able to come up with marketing strategies and plans for products.As a sales representative, this role exposed her to connecting with customers and getting marketing insights at the field. During her time as a budget analysis she was able to monitor the spending of the organization to ensure that they are within budget.The best role for her promotion is the Marketing manager position.