Credit analyst John Adams is considering a $1,000 order from a new customer.The cost of filling the order is $950.John estimates collection costs are $20.The customer will pay in 60 days.If the appropriate cost of capital is 18%,what is the NPV of extending credit to the new customer?

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The Answer of Credit analyst John Adams is considering a $1,000 order from a new customer.The cost of filling the order is $950.John estimates collection costs are $20.The customer will pay in 60 days.If the appropriate cost of capital is 18%,what is the NPV of extending credit to the new customer?

Credit Analyst John Adams Is Considering a $1,000 Order from a New