Should the organization proceed with the lockbox plan

Assignment Help Business Management
Reference no: EM13108955

Q. An organization is considering paying a lockbox operator an annual fee of $7500 to reduce its collection time by 2 days. The organization can earn 6% on any funds freed up by float reduction. If the organization’s average daily receipts are $80,000, should the organization proceed with the lockbox plan?

Reference no: EM13108955

Questions Cloud

Discuss the various ways hr supports managers : Discuss the various ways HR supports managers. Discuss two of the protected classes and what a person should do if he/she feels illegally discriminated against.
Determine z statistic and p-value : no children which is equal to value obtained by census. Give z statistic (rounded to two decimal places) and P-value. What do you conclude? (Use = 0.10.).
Where do the simplest plants and animals live : Where do the simplest plants and animals live.
Hand draw the backbone conformation of alanine dipeptide : Hand draw the backbone conformation of Alanine Dipeptide.
Should the organization proceed with the lockbox plan : The organization can earn 6% on any funds freed up by float reduction. If the organization’s average daily receipts are $80,000, should the organization proceed with the lockbox plan?
Examine in the personal selling section about problems : examine in the personal selling section about problems with internet communication, which of the subsequent two organizations is more likely to be successful?
How are sugars moved from where they are made : How are sugars moved from where they are made to other parts of the plant?
Determine cost minimizing production schedule : A motorcycle manufacturer is determining its production schedule for the next 6 months. The cost of manufacturing a motorcycle during each month.
What are the genotypes and phenotypes : a pea plant with constricted pods is crossed with another constricted pod pea plant. what are the genotypes and phenotypes?

Reviews

Write a Review

Business Management Questions & Answers

  Bond matters by the state of pennsylvania

bond matters by the state of Pennsylvania provides a 7% yield. What harvest on a synthetic chemical company bond could cause

  Explain what are some benefits of using social networking

Explain What are some benefits of using social networking and What are some drawbacks and How do you see social networking sites being used in the future professional world? In the educational world?

  Internet gripe site

how would you address this with your employee and how might the gripe site contribute to organizational business?

  Explain how these powers can be used

Explain how these powers can be used to avoid the various operational, administrative, and ethical problems experienced by companies.

  Communications - when various asynchronous and synchronous

Create and submit scenarios that illustrate when various asynchronous and synchronous media are most effective, identifying the communication technologies that you would employ for each category.

  Explain who are the stakeholders in this situation

Explain who are the stakeholders in this situation? Suggest two substitutes that management should consider.

  How go-between will split the commission with the government

You suspect, but do not know, that the go-between will split the commission with the government officials who decide which goods to buy

  Hrd evaluation-reluctance

Even though most HRD professionals agree that HRD evaluation is valuable, why isn't it practiced more frequently by organizations?

  Principle of postponement

Describe how the principle of postponement can be used effectively in clothing supply chains and the impact that this has on the supply chain network.

  How to apply organization behavior theory

What is the value of learning and being able to apply organization behavior theory and how relevant is the growing body of research about OB topics to the student--particularly, to the student practitioner?

  Analyze the competitive strategy

Analyze the competitive strategy and positioning by comparing and identifying areas in Wal-Mart.

  Explain soda can company is opening up a new store location

Explain Soda Can Company is opening up a new store location in sixty days and As Executive Director of Stores you have to put together a strong team quickly

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd