Marcos Company annual sales are $730 million. Suppose Marcos is able to reduce the time required to

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Marcos Company annual sales are $730 million. Suppose Marcos is able to reduce the time required to process customer payments by 3 days through more efficient payment processing techniques.Given that any funds released by these methods can be invested elsewhere in the company to yield a 15% pretax rate of return, determine the annual increase in pretax returns.(Assume 365 days per year in all calculations.)

A)$900,000
B)$300,000
C)$6,000,000
D)cannot be determined from the information provided

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Operations Management Creating Value Along the Supply Chain

ISBN: 978-0470525906

7th Edition

Authors: Roberta S. Russell, Bernard W. Taylor

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Posted Date: Jan 21, 2021 11:34 PM

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Marcos Company annual sales are $730 million. Suppose Marcos is able to reduce the time required to

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Operations Management Creating Value Along the Supply Chain

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