Question: Had to split question into two photos for words to remain clear and visible. Question 1 Your firm receives an average of 74895 remitances per

Question 1 Your firm receives an average of 74895 remitances per month with an average face value of $10,4 to company headquarters. The average mail eley is 3 days. The typical remittance remains at head volable in 2 days. Assume that the opportunity investment rate is 5% and that it costs your firm $0. current cash collection system? Moving to another question will save this rese MacBook Air & BO . ga 17 DII FB . 3 $ 4 % 5 6 7 8 W E R T Y U | S D LLO F G H J C V B N M # Command 5 points Save Answer e food value of $10,000. The current collection system consists of customers remitting directly tance remains at headquarters for 2 days. You are informed that the average deposit is ut it costs your firm $0.10 to process each check What is the monthly total cost for your firm's Question 1 of 20 & Air DII DD 00 FM 0 2 + 11 8 00 9 0) 0 0 P { [ } ] ] J L
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