17) Mountain top Inc. can reduce its collection time" system at a cost of $2,200 a year plus $.52 per tran of 136 payments per day with an average paym money market securities is 3.98 percent. Assu of the lockbox system? A) $421,730 B) $274,208 C) $156,727 D) $368,654 is collection time by one day if it installs a lockbox 3.52 per transaction. The inn receives an average an average payment of $7,980 each. The interest rate on percent. Assume a year has 365 days. What is the NPV E) $226,203 18) Assume an average selling price an average selling price of $547 per unit, a variable cost per unit of $339, a monthly interest rate of 1.1 percent, and a default rate of 31 po ercent, and a default rate of 3.1 percent. What is the NPV credit for 30 days to all who are expected to become repeat customers? B) $17,984 C) $13,609 D) $19,787 E) $18,662 of extending credit for 30 days to all who A) $12,304 B) $17,984 C) 3 ectronics has projected sales of $1,700, $1,900, $2,400, and $4,200 for Quarters 104, respectively. Sales in the following year are projected to be 4 percent greater in quarter. Assume purchases during each quarter equal 48 percent of projected sales for the following quarter. How much will be paid to suppliers in Quarter 2 if its accounts payable period is 30 days? A) $1,108 B) $1,251 C) $1,146 D) $1,072 E) $984