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Lerok [7]
4 years ago
7

A lockbox plan is most beneficial to firms that a. receive payments in the form of currency, such as fast food restaurants, rath

er than in the form of checks. b. have widely dispersed manufacturing facilities. c. have suppliers who operate in many different parts of the country. d. have a large marketable securities portfolio and cash to protect. e. have customers who operate in many different parts of the country.
Business
1 answer:
eduard4 years ago
3 0

Answer:

E. Have customers who operate in many different parts of the country.

Explanation:

Details about a lockbox plan and services explains that this is a banking service to companies by a certain bank or banks that proceeds and receives receipts of payments from its customers where they are directly channeled to a plan inwhich they work with the bank on behalf of the company instead of contacting the said company as the bank helps or fastens the receipt processing and. The lockbox is virtually known to be advantageous to customers who operate in many different parts of the country.

It is generally known to assist companies with a very efficient way of depositing customer payments, this is for companies that find it a bit hard to check and respond to mails.

You might be interested in
A company has the following budgeted information: Cash receipts: $542,000; Beginning cash balance: $10,000; Cash payments (inclu
yKpoI14uk [10]

Answer:

Company A

In order to maintain the desired cash balance, the company will need to:

borrow $58,000

Explanation:

a) Data and Calculations:

Cash receipts: $542,000

Beginning cash balance: $10,000

Cash payments (including interest payments): $560,000

Outstanding loan balance: $100,000

Desired ending cash balance: $50,000

Beginning cash balance: $10,000

Cash receipts:              $542,000

Cash available             $552,000

Cash payments (including

interest payments):   $560,000

Cash balance                 ($8,000)

Desired ending balance 50,000

Amount to borrow =     $58,000

6 0
3 years ago
If I canceled my subscription because I accidentally payed to much, is it gonna give me my money back or no?
nasty-shy [4]

Answer:

From my knowledge - No

Explanation:

You usually get a free trial first, to test out the product before you ultimately have to start paying through a subscription, you won't be able to receive your money back because you were already paying before you canceled it.

Hopefully this helps with your situation.

7 0
3 years ago
You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties
sdas [7]

You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties on a regular basis. this typical fee structure for a franchise is an Example Of an advantage For An Franchisor.

In the aforementioned scenario, we first pay the initial franchise fees and then we are required to pay royalties on a regular basis. As a result, it is obvious that the franchisor benefits financially and that overall growth also benefits because the franchisor does not assume any risk in the Planet Fitness Gym; instead, they merely provide their franchises and receive regular basis income.

Additionally, they lower market and gym startup costs, among other things. They also gain from the fact that opening a new gym raises the value of their brand in the marketplace, which helps the franchisor long-term and accelerates their overall growth.

A franchise is a kind of license that gives a franchisee access to a franchisor's confidential company information, operational procedures, and trade names, enabling the franchisee to conduct business under the franchisor's brand.

Learn more about franchise here

brainly.com/question/14034124

#SPJ4

3 0
2 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
Ira Lisetskai [31]

Answer:

controlling, organizing, planning, and leading  

Explanation:

Based on the scenario being described within the question it can be said that the many plans such as controlling, organizing, planning, and leading  are missing from Carol's department. Such as she mentioned Carol's department has not provided any plans to teach her how to advance in her job or even controlled that her department is running efficiently. Along with not encouraging Carol to pursue advancing in the company, it seems that her department has failed in every one of these planning categories.

3 0
3 years ago
Read 2 more answers
Eastern Motors Auto Dealership wanted to estimate the average CLV over a 5 year time horizon of a customer who purchases a new v
motikmotik

Answer:

the average profit from selling a car = $25,500 x 9% = $2,295

the average profit from providing 1 service = $122

customer lifetime value = (Annual profit per customer x customer relationship in years) - customer acquisition cost

the current CLV = $2,295 + ($122 x 8 x 81%) = $3,085.56

if you are able to increase the probability of using the company's maintenance services by 5% (from 815 to 86%), then the new CLV = $2,295 + ($122 x 8 x 86%) = $3,134.36

the difference = $3,134.36 - $3,085.56 = $48.80

Theoretically, you can spend up to $48.80 in the service loyalty program. But this analysis is incomplete, since providing a good service should also increase the possibility of selling a new car to the same customer after 5 years. This should extend the customer relationship for many years. E.g. that has been a major factor in the success of Honda and Toyota.

8 0
3 years ago
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