It costs a company $1 to process a check and it costs the company 25 cents to process an ACH. An ACH payment reaches the company's account 1 day faster than a check deposit. In this case, the ACH is cheaper and the money reaches the company's bank account faster so the company could offer a financial incentive to its customers to remit payments electronically. True False A company has excess cash that it knows it won't need for 13 months. The company invests $500,000 in a CD that pays a 3% annual rate compounded monthly, with all interest paid at the end of the 13 th month. How much interest will the company earn receive at the end of the 13 th month? 1,250 15,000 16,496 16,250 When opening a subsidiary in a foreign country, the business may be concerned with expropriation of assets belonging to foreign companies by the local government. This is known as financial institution risk inflation risk Interest rate risk Political risk