What amount saving can aqua system expect the system

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Reference no: EM131555467

Aqua System Inc.experts to have $15,467,500 in credit sales during the coming year. Currently, all checks are sent to the home office. A proposed lockbox system can eliminate 1 day of float, releasing funds which. when invested will earn 7.33 percent per year. What amount saving can Aqua System expect the system is implemented" Use a 365 day year? Round to two decimal places.

Reference no: EM131555467

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