Jungle, Inc., currently has an all-cash credit policy. It is considering making a change in the credit policy by going to terms of net 30 days. Based on the following information, what is the break-even price per unit under the new credit policy? The required return is. 83 percent per month. (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
Current Policy New Policy
Price per unit $ 210?
Cost per unit $ 158 $ 163
Unit sales per month 1,530 1,570
Break-even price $
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