Question: May you please answer this question! 7. The Williams Company can convert to ACH disbursing for $20,000. Williams averages a perpetual 500 checks per month
May you please answer this question!

7. The Williams Company can convert to ACH disbursing for $20,000. Williams averages a perpetual 500 checks per month and has an annual cost of capital of 10%. IfACH disbursing will save Williams 20 cents per payment, a. What is the NPV of the decision to convert to ACH? b. What is the minimum number of payments per month in order to justify the cost to convert to ACH disbursing
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
