Minimum required after-tax return


We expect that we can receive annual incremental income after taxes of $15,000 which includes an adjustment for uncollectible accounts. What is the maximum commitment to A/R we should be willing to assume if our firm's minimum required after-tax return is 12%?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Minimum required after-tax return
Reference No:- TGS084766

Expected delivery within 24 Hours