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ICBB · Question #111

ICBB Question #111: Real Exam Question with Answer & Explanation

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Question

What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $0.9 million dollars to $3.5 million total and your organization's marginal cost of capital was 5.7%?

Options

  • A$49,250
  • B$51,300
  • C$117,500
  • D$202,424

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