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Author Question: Flashbinder Guitars, Inc is negotiating with the bank for a lockbox system that is expected to ... (Read 88 times)

fahad

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on: Jul 10, 2018
Flashbinder Guitars, Inc is negotiating with the bank for a lockbox system that is expected to
  reduce check collection time by 4 days.
 
  Flashbinder Guitars' average check size is 1,200 and any
  funds freed up by the new system will be invested in a money-market account that is currently
  paying 2.5 annually. What is the most Flashbinder Guitars should be willing to pay the bank for
  the lockbox service, assuming the bank charges a per-check processing fee?
  A) 32.877 cents B) 20.500 cents C) 29.767 cents D) 30.726 cents

Question 2

Major sources of secured credit include commercial banks, finance companies, and factors.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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Eunice618

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Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fahad

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

ktidd

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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