CLSSBB-001 practice question 1 of 35

What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $1.4 million dollars to $5.3 million total and your organization’s marginal cost of capital was 6.2%?

Full set: 300 questions
Answer options
A: $43,400
B: $86,800 Correct answer
C: $117,500
D: $328,600
Correct Answer:
B. $86,800
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