Company XYX pays $11.00 for a wire and $1.00 for an ACH transaction. They receive a wire

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Company XYX pays $11.00 for a wire and $1.00 for an ACH transaction. They receive a wire one day sooner than they do an ACH and their annual opportunity cost is 6.0%. What is the break-even $ amount for a wire instead of an ACH?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 01, 2023 02:59 AM

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Company XYX pays $11.00 for a wire and $1.00 for an ACH transaction. They receive a wire

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Income Tax Fundamentals 2013

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