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Suppose the payment to the manufacturer is made at the end of July 2024. Assume...

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Accounting

Suppose the payment to the manufacturer is made at the end of July 2024. Assume half the Christmas sales revenue is received at the end of November, half at the end of December, and the after-Christmas sales revenue is received at the end of January 2025. Assume 32,000 units are ordered, and Christmas sales match the sales analysts expected demand figure. What is the projected profit at July 2024 prices if a discount rate of 0.25% per month is applied to the revenues

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