The net present value of this lockbox arrangement is $1,205,378.06.
Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:
- ((1370 x 880) x 1.0001) - (1370 x 0.25) = X
- 1,205,720.56 - 342.5 = X
- 1,205,378.06 = X
Therefore, the net present value of this lockbox arrangement is $1,205,378.06.
Learn more about maths in brainly.com/question/25903947
Trimming helps to remove dead or weak branches, and as a result help new and healthy flowers and buds to grow.
Hi There :D
Basically it's advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings
Answer:
c. governmental interventions
Answer: Global Company
Explanation:
<u>A Global Company</u> is a type of multinational corporation that centralizes its management and other decisions in the home country.
None of these answers are correct. However, I will assume you accidentally wrote "global economy" instead of "global company" because global company is actually the answer.
