Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 4.00

treehouses inc

Bird's eye treehouses inc, a kentucky company, has determined that a majority of it's customers are located in the pennsylvania area. It therefore is considering using a lockbox system offered by a bank located in Pittsburgh. The bank has estimated that use of the system will reduce collection time by two days. Based on the following information should the lockbox system be adopted? Average number of payments per day? 750 Average value of payment $980 Variable lockbox fee (per transaction) .35 Annual interest rate on money market securities 7%

Answers

(5)
Status NEW Posted 09 Aug 2017 05:08 PM My Price 4.00

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