In evaluating a proposal to extend credit , new customers will generate an average of $13000 per day in new sales. On average, he will pay in 30 days. The variable cost ratio (COGS) is 30% of sales,...

In evaluating a proposal to extend credit , new customers will generate an average of $13000 per day in new sales. On average, he will pay in 30 days. The variable cost ratio (COGS) is 30% of sales, administration expenses are 4% of sales, and the discount rate interest in the MKT is 0.09%.

What is the NPV of one day's sales