If , What Is the Value of

question 27

Multiple Choice

If , what is the value of ? ​

• A) 4,225
• B) 325
• C) 845
• D) None of the above

---

Definitions:

Concentration Accounts

A single account used by companies to aggregate funds from different accounts, simplifying cash management.

Lockboxes

A banking service where payments are sent to a special post office box rather than to the company's offices, to speed up transaction processing.

Disbursement Float

The time lag between when a payment is made by writing a check and when the funds are actually removed from the payer's account.

Float Costs

The expenses associated with issuing new stocks or bonds, including underwriting, legal, and registration fees.