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Which lock-box plan is most beneficial to firms

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Reference no: EM132614246

Problem 1: A lock-box plan is most beneficial to firms that

a. have suppliers who operate in many different parts of the country.

b. have customers who operate in many different parts of the country.

c. have widely dispersed manufacturing facilities.

d. have a large marketable securities portfolio and cash to protect.

e. receive payments in the form of currency, such as fast food restaurants, rather than in the form of checks.

Reference no: EM132614246

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