
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Please solve my problem in this question.. Can Asnwer fast is good... Thank u... I hope can solve because im need the solve

Transcribed Image Text:4. PT. e-bay, a home appliance distributor from Germany, has realized
that this month's sales did not meet the target. For this reason, next
month plans to change the existing credit policy with an expected
return rate of 2% per month as follows:
Initial
New policy
policy
Monthly sales
60
100
Selling price per unit Rp 5 million Rp 5 million
Variabel Cost
60%
60%
Credit term
cash
30 day
Is the change in payment policy by giving credit for 30 days worth
implementing, support it with calculations?
If PT e-bay offers its product on terms 2.5/10, n 30. What is the
actual effective interest rate that e-bay charges its buyers?
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