If a Company Can Implement Cash Management Systems and Save

question 17

Multiple Choice

If a company can implement cash management systems and save three days by reducing remittance time and one day by increasing disbursement time based on $2,000,000 in average daily remittances and $2,500,000 in average daily disbursements and its return on freed-up funds is 10%, what is the maximum that it should spend on the system?

• A) $2,000,000
• B) $650,000
• C) $850,000
• D) $1,000,000

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Definitions:

Playback Control

Features in media players that allow the user to manage the playing of audio or video, including play, pause, stop, fast forward, and rewind.

Rewind

The action of reversing the playback of media, such as a video or audio recording, to a previous point.

Pause

A function enabling the temporary stoppage of media playback or other ongoing processes, without terminating the session.

Fast Forward

A function on media players that increases the playback speed, allowing users to move quickly through content.