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Question 1 : - Using a lockbox system to improve collections a ) is more expensive than the use of collection centers b ) utilizes
Question : Using a lockbox system to improve collections
a is more expensive than the use of collection centers
b utilizes local banks to clear local payments made to the collection center
c provides more float than collection centers
d results in checks being forward to a PO box and clearing through local banks
Question : EPS Total number of shares
a profit after tax
b net profit after interest and tax
c net profit before tax
d earning before tax
Question : If the expected level of EBIT exceeeds the indifference point
a Debt financing will be advantages
b Equity financing will be advantages
c EPS will reduce
d EPS will increse
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