=+b. If its opportunity cost is 10%, would it be economically advisable for the company to pay
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=+b. If its opportunity cost is 10%, would it be economically advisable for the company to pay an annual fee of L18,000 to reduce collection float by 3 days?
Explain.
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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