Why would a lockbox plan make more sense for a firm that makes sales all over the

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Why would a lockbox plan make more sense for a firm that makes sales all over the United States than for a firm with the same volume of business but for which the sales are concentrated in the geographical area where the firm’s corporate headquarters are located?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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