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Aqua System Inc expects to have $7.953,750 in credit sales during the coming year. Currently all checks are sent to the home office A proposed

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Aqua System Inc expects to have $7.953,750 in credit sales during the coming year. Currently all checks are sent to the home office A proposed lockbox system can eliminate 3 days of float, releasing funds which, when invested, will earn 1051 percent per year. What annual savings can Aqua System expect if the system is implemented? Use a 365-day year. Round the answer to two decimal places Your Answer: Answer se onse Save Page 1 of 3 ext Page Save All Responses Go to Submit Quiz

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