Question: Remaining Time: 2 hours, 28 minutes, 41 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer Question of 37

Remaining Time: 2 hours, 28 minutes, 41 seconds. Question Completion Status: A Moving to the next question prevents changes to this answer Question of 37 Question 4 3 points Saw A litt is considering adopting a lockbox system which will reduce the average collection period by 3 days by reducing processing mot and hearing float The Times vetage and collections from credit sales $7.300,000. The firm can earn per year on any funds freed up le on any permanent increase in the level of cath balance. What is the res terefit of adopeling the system the monthly charge for using the system is 55007 454500 On 1800 Oc11.200 110 OR Moving to the changes to this an MacBook Pro SO E: 2 A 6 90. 2 5 3 7 9 O W T E Y R D A L F S J G H

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