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Author Question: A lockbox system can reduce all of the following elements of float EXCEPT A) mail float. B) ... (Read 107 times)

audie

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A lockbox system can reduce all of the following elements of float EXCEPT
 
  A) mail float. B) transit float.
  C) processing float. D) disbursing float.

Question 2

What is the present value of a stream of annual end-of-the-year annuity cash flows if the discount rate is 0, and the cash flows of 50 last for 20 years?
 
  A) Less than 1,000
  B) Exactly 1,000
  C) More than 1,000
  D) This question cannot be answered because we have an interest rate of 0.0.


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kjo;oj

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audie

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Reply 2 on: Jul 10, 2018
Gracias!


bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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