Page 1 of 1
Company ABC as determined that a majority of its customers are located in a big metro area. Therefore, it is considering
Posted: Thu May 19, 2022 7:16 am
by answerhappygod
- Company Abc As Determined That A Majority Of Its Customers Are Located In A Big Metro Area Therefore It Is Considering 1 (16.83 KiB) Viewed 40 times
Company ABC as determined that a majority of its customers are located in a big metro area. Therefore, it is considering using a fockbox system offered by a bank located in the city center. The bank has estimated that use of the system will reduce collection time by 2 days Average number of payments per day 740 Average value of payment $900 Variable lockbox foe per transaction) $ 0.7 Daly interest rate on money market securities 0.35% What is the NPV of the new lockbox system? Numeric Response 1,330,520.00