Order
Toll-free 24/7:
+1(669)289-8683
Order

Eagle Industries feels that a lockbox system can shorten its accounts receivable collection

Author:
June 8th, 2024

Eagle Industries feels that a lockbox system can shorten its accounts receivable collection period by 3 days. Credit sales are $3,240,000 per year, billed on a continuous basis. The firm has other equally risky investments with a return of 15%. The cost of the lockbox system is $9,000 per year.a.What amount of cash will be made available for other uses under the lockbox system?b.What net benefit (cost) will the firm receive if it adopts the lockbox system? Should it adopt the proposed lockbox system?

Save Time On Research and Writing
Hire a Pro to Write You a 100% Plagiarism-Free Paper.
Get My Paper
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Sociology
Thank you Team!
Customer 452919, April 5th, 2022
Economics
Satisfactory
Customer 452963, November 11th, 2021
Sociology
Thanks to the Team
Customer 452919, March 22nd, 2022
Business Studies
Thank you sincerely great paper and content
Customer 452793, June 22nd, 2021
Nutrition, Hospitality & Human Services
Thank you for your assistance.
Customer 452919, April 9th, 2024
Sociology
Thank you for answering all of the questions provided. The last 3 discussions, I only received a grade of 14 out of 20 points. Let's see how it goes after the grades are posted next week.
Customer 452919, February 9th, 2023
Health Care
Thank you for getting this paper done in a timely manner
Customer 452641, February 20th, 2021
Sociology
Thank you. You all have been timely, and amazing.
Customer 452919, May 3rd, 2022
Sociology
Thank you so much. Your Team is the greatest!
Customer 452919, May 3rd, 2022
Psychology
Paper wad received on time there was also support with revision.
Customer 453101, June 8th, 2022
Logistics
The presentation slides were not narrated as asked per the instructions.
Customer 452623, September 28th, 2021
Education
Great Job !!
Customer 453117, September 17th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat
Show more