Question: If a business can implement cash management systems and save three days by reducing remittance time and one day by increasing disbursement time based on
If a business can implement cash management systems and save three days by reducing remittance time and one day by increasing disbursement time based on $2,000,000 in average daily remittances and $2,500,000 in average daily disbursements and its return on funds released is 10%, what is the maximum they should spend in the system?
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