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What is the total amount that tenney company save yearly

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Reference no: EM132513318

Question 1: Tenney company a large janitorial service company currently pays it employees at the end of each month the monthly payroll totals dollar 16 lacs if the firm where to extend the pay period so as to paid in one week later throughout an entire year how much the employees would in effect be lending the form for year the firm has potential to earn 12% on the investment what is the total amount that tenney company can save yearly throughout new payment policy

Reference no: EM132513318

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