Lewis Enterprise is considering relaxing its credit standards to increase it currently staffing sales. As a result of the proposed relaxation, sales are expected to increase by 10% from 10,000 to $11,000 units during the coming year; the average collection period is expected to increase from 45 to 60 days; and bad debts are expected to increase from 1% to 3% of sales. The sale price per unit is $40, and the variable cost per unit is $31. The firm’s required return on equal-risk investments is 25%. Evaluate the proposed relaxation and make a recommendation to the firm. (Note: Assume a 365-day year.)

, and

for

step-by-step explanation:

we can analyze the pattern at which the terms increase. let us denote , , , so that we can call

note the following:

the pattern: to get the next term value, we just add the next term number (e.g. 1st, 2nd, to the previous term value (term values are the given numbers in the question, 1, 3, 6, 10, 15,

from , to get to , we add

from , to get to , we add

etc.

we need to form a recursive formula, a formula that has the next term as a function of the previous term. so a possible recursive formula can be

, and for

multiply length by height. multiply the length by the height, and then double the product. work out 10 x 10 results = 100 square inches, then work out 100 x 2 = 200. the answer is 200 square inches.

step-by-step explanation:

ranks (& how to earn them):

-beginner (needs at least 0 points & 0 brainliest answers)

- hand (needs at least 100 points & 0 brainliest answers)

-ambitious   (needs at least 250 points & 0 brainliest answers)

-virtuoso (needs at least 500 points & 5 brainliest answers)

-expert   (needs at least 1,000 points & 10 brainliest answers)

-ace (needs at least 3,000 points & 15 brainliest answers)

-genius   (needs at least 15,000 points & 50 brainliest answers)

how to award brainliest:

you must wait until 2 people answer to award brainliest. i'm pretty sure that it should be next to the "" and "comments" buttons.  

5 + 8 +7 + 4 + 0 +1 = 25

step-by-step explanation: