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FF has an annual credit sales of $250,000 units with an average

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FF has an annual credit sales of $250,000 units with an average collection period of 70 days. The company has a per unit variable cost of $20 and a per unit sale price of $30. Bad debts currently are 5% of sales. The firm estimates that a proposed relaxation of credit would not affect its 70 day average collection period but would increase bad debts to 7.5% of sales, which would increase to $300,000 units per year. FF requires a 12% return on investments. Show all calculations required to evaluate FF's proposed relation of credit standards.
I cannot find how to calculate and what is needed or required

Hello and welcome to JA


Please advise your deadline as well as the name of the book you are using: Title, author's name, and edition


Thank you


Customer: replied 5 years ago.
Managerial finance Lawrence J. Gitman 13th edition
Thank you :) but when is the deadline please?
Customer: replied 5 years ago.

tonight. I cannot set up.

I can :) Working on it now
Customer: replied 5 years ago.
thank you

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