What were some of the social, economic, and political conditions that contributed to the Rodney King Incident? 400 or more words, in-text citation, scholars references
January 3, 2018
List the expenses in detail on the income statement.
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A bank has approached you concerning a lockbox service that will decrease your total collection time by two days

Finance Basics

Your firm has an average receipt size of $108. A bank has approached you concerning a lockbox service that will decrease your total collection time by two days. You typically receive 8,500 checks per day. The daily interest rate is .016 percent. If the bank charges a fee of $225 per day, should the lockbox project be accepted? What would the net annual savings be if the service were adopted?

 

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