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Kaylis [27]
3 years ago
14

3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable

securities portfolio and cash to protect. c. receive payments in the form of currency, such as fast food restaurants, rather than in the form of checks. d. have customers who operate in many different parts of the country. e. have suppliers who operate in many different parts of the country.
Business
2 answers:
kramer3 years ago
7 0

Answer:

D) have customers who operate in many different parts of the country.

Explanation:

A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.

algol133 years ago
4 0

Answer:

have customers who operate in many different parts of the country.

Explanation:

A lockbox plan is an arrangement in which an insurer or agent uses the bank as a collection facility. The entity posts payments to the bank's lockbox, and the bank processes it and pays in to the appropriate account.

Evidence of payment is scanned back to the customer.

The lockbox system is ideal for companies that operate in many different parts of the country because customer payments are quickly processed into the companie's account from different locations.

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Truzan Creations, one of the leading names in the handicraft industry, recently launched a new artifact in the market. The compa
pentagon [3]

Answer:

A) Forecasting models

Explanation:

Forecasting models -

It is the method of making prediction of the future , based on the data of the present and the past , and by analyzing the trends .

For example , the estimation of some variable of interest at for some future date .

Uncertainty and risk are the center of the forecasting , it is a good practice , which  indicates the degree of uncertainty to forecasts .

Hence , from the data of the question , the correct answer is Forecasting models .

8 0
3 years ago
The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will
kodGreya [7K]

Answer:

E. They will receive several tax deductions

Explanation:

Certain "reasonable and necessary" adoption related expenses are quantifiable for tax deductions, such as:

  • Court costs
  • Attorney's fees
  • Traveling expenses related to the adoption
  • Certain other costs directly related to the adoption process

3 0
3 years ago
Read 2 more answers
A small barbershop is operated by a single barber. it has room for at most two customers. potential customers arrive as a poisso
Zigmanuir [339]

λ=3 , mu = 5

<u>Explanation</u>:

λ=3

mu = 5

states

0 - no customers

1- 1 customre

2 - 2 customers

Set up Equations

Rate of entry = Rate of exit

5P1 =3P0

5P2 + 3P0 = 5P1 + 3P1

3P1 = 5P2

P0 + P1 + P2 = 1

solve the above

1a) = 0 into P0 plus 1 into P1 plus 2 into P2

b) λ ( 1 minus P2) by λ = 1 - P2

c) change the paramater mu = 5 into 2 and solve a) again

8 0
4 years ago
You need a 25-year, fixed-rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at a 8.6 perc
geniusboy [140]

Answer:

the balloon payment after 300 months is $1,205,266.38

Explanation:

In order to pay the loan completely after 300 months, your monthly payment should be $1,948.75. Since you can only pay $800 per month, the loan's balance after 300 payments will be $1,205,266.38. This is irrational since you will end up owing 4 times the initial amount. You will never even be close to paying even the interest expense, so the principal increases every month.

I prepared an amortization schedule using an excel spreadsheet

Download pdf
6 0
3 years ago
The Evanec Company's next expected dividend, D1, is $3.95; its growth rate is 4%; and its common stock now sells for $37.00. New
Trava [24]

Answer:

rs=14.68%

F=15%

re=16.56%

Explanation:

using the constant growth model:

P0=\frac{D1}{rs-g}

where P0 is the current stock price

           D1 is the dividend expected at the end of the 1st year

            rs is  cost of retained earnings.

Rearranging to make rs subject of the formula:

rs=\frac{D1}{P0}+ g

rs=\frac{3.95}{37}+ 0.04 = 0.1468

if Evanec issues new stock, they will only net $31.45 down from $37 per share due to floatation costs. The difference, ie  $37-$31.45 = $5.55 is due to floation costs.

The percentage floatation costs (F) are \frac{5.55}{37} = 0.15 = 15%

alternatively, one can recognise that  37(1-F)=31.45  and F = 15%

Cost of new common stock re is calculated as follows:

re=\frac{D1}{P0(1-F)}+ g

re=\frac{3.95}{37(1-0.15)}+ 0.04 = 0.1656 = 16.56%

6 0
3 years ago
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