Your Cash Manager Is Currently Using Wire Transfer to Obtain

question 93

Multiple Choice

Your cash manager is currently using wire transfer to obtain collections from distant locations each time that the cash accumulates to $50,000.Evaluate the financial logic of this policy if the wire transfer costs $20, saves three days of mail time, and interest rates average 7 percent annually.

• A)Stop the policy; $8.77 is lost with each transfer.
• B)Stop the policy unless the transfer amount is increased to approximately $65,200.
• C)Continue the policy at the current transfer amount.
• D)Improve policy by reducing transfer amount to $34,800.

Recognize the importance of sensory marketing and its impact on consumer experiences.

Identify the influence of color on consumer perceptions and behaviors.

Acknowledge the effect of marketers in shaping sensory experiences and perceptions.

Understand the legal aspects of sensory elements in marketing such as trade dress and copyright.

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Definitions:

Net Cash

The difference between a company’s total cash inflows and cash outflows in a given period.

Investing Activities

Part of a company's cash flow statement that shows the outflow and inflow of cash from investments in property, plant, equipment, and financial securities.

Net Cash

The residual cash following the assessment of cash coming in and going out.

Investing Activities

Financial transactions related to the acquisition and disposal of long-term assets and other investments.