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Save & E S5ocey Coin Marutacturer has colection centres around the country to speed up cash collections. The company also nements homme bursement centretto cheques
Save & E S5ocey Coin Marutacturer has colection centres around the country to speed up cash collections. The company also nements homme bursement centretto cheques written by Sheila's take longer to clear the bank Collection has been reduced by three days and disbursement time nas been increased by two days because of these policies Excess funds are being ved in short-term struments leiding 4 percent per annum therm has 54 45 mon per day in colections and $3.60 million per day in disbursements, how many dollars has the cash management system treed upEnter the answer in dollars not in millions.) Red-on funds 5 How much can Sheilasear per year on short-term investments made possible by the freed-up cash? (Enter the answer in dollars not in milions interest on freed-up cash
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