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The Quick Corp. has implemented procedures to cut 1.5 days from its cash collection process. Annual credit sales are $30 million and the opportunity cost of funds is 9%. What is the value of the annual savings, and how much would the savings be worth if the speed-up in collections can be considered permanent?
Deprivation
A state where an individual or organism lacks a substance or stimulus that is considered necessary or desirable.
Medial Forebrain Bundle
A neural pathway in the brain that is involved with the sensation of reward as well as various aspects of motivation and emotion.
Dopamine
A neurotransmitter involved in many functions, including reward, motivation, memory, attention, and even regulating body movements.
Species-specific Defense Response
Innate protective behaviors particular to certain species that are elicited in the presence of threats.
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