Balboa Enterprises currently sells 13,650 units a month for total monthly sales of $272,863.50. The company is considering replacing its current cash only credit policy with a net 30 policy. The variable cost per unit is $11.30 and the monthly interest rate is 1 percent. What is the switch break-even level of sales?
A) 13,492 units
B) 13,525 units
C) 13,600 units
D) 13,968 units
E) 14,069 units
Correct Answer:
Verified
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