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Direct send-Single. Ocean Research of San Diego, California: just received a check in the amount of $3EIIZIJJIIIEI from a customer in Bangor, Maine. If the
Direct send-Single. Ocean Research of San Diego, California: just received a check in the amount of $3EIIZIJJIIIEI from a customer in Bangor, Maine. If the rm processes the check in the normal manner, the funds will become available to 5 days. To speed up this process, the rm could send an ernplovee to the hank in Bangor in which the check is drawn to present it for payment. Such action will cause the funds to become available after 2 davs. If the cost of the direct send is $65!] and the firm can earn 11% on these funds, what recommendation would vou coal-re? Explain
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