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Author Question: Flashbinder Guitars, Inc is considering a lockbox system that will increase its check processing ... (Read 42 times)

burchfield96

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on: Jul 10, 2018
Flashbinder Guitars, Inc is considering a lockbox system that will increase its check processing cost
  by .20 per check.
 
  The company estimates an average check size of 900 and expects any funds
  freed up by the new lockbox system can be invested in an account that earns 4 per year before
  taxes. What reduction in collection time is necessary for the lockbox to be beneficial to Flashbinder
  Guitars, Inc?
  A) 1.73 days B) 2.15 days C) 2.03 days D) 1.96 days

Question 2

One component of a firm's financial structure which is NOT a component of its capital structure is
 
  A) common stock. B) accounts payable.
  C) preferred stock. D) long-term debt.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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Swizqar

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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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burchfield96

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

robbielu01

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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