Score: 0 of 2 pts 24 or 25 (10 complete) HW Score: 31 93%,15 96 of 50 pts P14-15 (similar to) Queston Hep Lockbox system Eagle ndst es leels that a lock or system can shorten its accounts rece able colection pen by 3 days Crede sales are S330 equaly raky mestments with a retrn of 12% The cost ofthe kckbox system s S1 1,000 per year Ootr Assume a 366day year) 00per year biled on a co tineus bass The fin ha.ee a. What amount of cash will be made avalable for other uses under the lockbex system? b. What net benselit (cost) wll he fem realize it it adopts the lockbox system? Should t adopt the proposed lockbox system? a. The amount of cash that wa be made avalable for other uses under the lockbox system iss( (Rand tore nated db) Enter your answer in the answer box and then clic k Check Arswer