Ash accept the bank's offer? fee of $ If the opportunity cost of funds is 6...
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Ash accept the bank's offer? fee of $ If the opportunity cost of funds is 6 percent, should Low 6. Leeft Bank offers to reduce the collection time for your company's daily cash receipts by two days with its cash management system. This service will cost you $15,000 per year. Currently, short-term money market rates average 5 percent. If you anticipate annual sales of $46.355 million, would you accept the bank's offer? 7. Your banker has analyzed your company account and has suggested that her bank has a cash management package for you. She Ash accept the bank's offer? fee of $ If the opportunity cost of funds is 6 percent, should Low 6. Leeft Bank offers to reduce the collection time for your company's daily cash receipts by two days with its cash management system. This service will cost you $15,000 per year. Currently, short-term money market rates average 5 percent. If you anticipate annual sales of $46.355 million, would you accept the bank's offer? 7. Your banker has analyzed your company account and has suggested that her bank has a cash management package for you. She
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