Leeft Bank offers to reduce the collection time for your company's daily cash receipts by two days

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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?

Posted Date: May 18, 2024 11:15 PM

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Leeft Bank offers to reduce the collection time for your company's daily cash receipts by two days

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