subject
Business, 31.07.2019 18:20 salihanegawo

Acalifornia firm is planning to use a lockbox system to speed up collections from its customers located on the east coast. a philadelphia-area bank will provide this service for an annual fee of $6500 plus 10 cents per transaction. the estimated reduction in collection and processing time is one day. if the average customer payment in this region is $2900, how many customers each day, on average, are needed to make the system profitable for the firm? the firm can invest in treasury bills, currently yielding 4% per year, and there are 365 days per year.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 14:50, fazegaze89
For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.
Answers: 2
image
Business, 21.06.2019 22:30, petunia6548
True or false: banks are required to make electronically deposited funds available on the same day of the deposit
Answers: 2
image
Business, 22.06.2019 09:30, bubbagumpshrimpboy
When you hire an independent contractor you don't have to pay the contractors what
Answers: 3
image
Business, 22.06.2019 12:50, iamhayls
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
You know the right answer?
Acalifornia firm is planning to use a lockbox system to speed up collections from its customers loca...

Questions in other subjects:

Konu
History, 15.12.2019 06:31