FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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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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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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