14. Which of the following is not a technique of speeding up cash collection? O Reducing...

 

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14. Which of the following is not a technique of speeding up cash collection? O Reducing disbursement float o Installing lockbox operations Reducing collection float o o Preauthorised debit 15.The Heddington Company plans to sell on terms 3/10 net 30 and expects to achieve sales of Tk.45 million. Two percent of these sales are expected to be uncollectible and hence treated as bad debt. Heddington projects that 70 percent of the paying customers by taka value will take the discount and pay on the last day of the discount period while the remaining 30 percent will pay on the last day of the credit period. The total sales discount that can be expected to be incurred by Heddington would be o Tk. 1,350,000 o o 16. Wire transfer is advisable to use when o The transfer charges are low The transfer by DTC is not safe O The transfer amounts is high enough o The transfer amount is low enough o Tk.630,000 Tk.945,000 Tk.926,100 17 If the annual demand for an inventory item is 25,000 units, relevant ordering cost per order is Tk.210 and the carrying cost of one unit is Tk.25, then the economic order quantity is O O 658 units 668 units 0 648 units 0 678 units 14. Which of the following is not a technique of speeding up cash collection? O Reducing disbursement float o Installing lockbox operations Reducing collection float o o Preauthorised debit 15.The Heddington Company plans to sell on terms 3/10 net 30 and expects to achieve sales of Tk.45 million. Two percent of these sales are expected to be uncollectible and hence treated as bad debt. Heddington projects that 70 percent of the paying customers by taka value will take the discount and pay on the last day of the discount period while the remaining 30 percent will pay on the last day of the credit period. The total sales discount that can be expected to be incurred by Heddington would be o Tk. 1,350,000 o o 16. Wire transfer is advisable to use when o The transfer charges are low The transfer by DTC is not safe O The transfer amounts is high enough o The transfer amount is low enough o Tk.630,000 Tk.945,000 Tk.926,100 17 If the annual demand for an inventory item is 25,000 units, relevant ordering cost per order is Tk.210 and the carrying cost of one unit is Tk.25, then the economic order quantity is O O 658 units 668 units 0 648 units 0 678 units

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14 d Pre author ised debit Pre author ised debit is not a technique of speeding up cash collection P... View the full answer