If cash collections from sales increase by $35,000 and cash outflows increase by $34,000 with external financing estimated to be $20,000 with a change in credit policy and a cost of capital of 9%, should the change be done? Explain.

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The Answer of If cash collections from sales increase by $35,000 and cash outflows increase by $34,000 with external financing estimated to be $20,000 with a change in credit policy and a cost of capital of 9%, should the change be done? Explain.

If Cash Collections from Sales Increase by $35,000 and Cash