Six_Sigma
ICBB · Question #53
ICBB Question #53: Real Exam Question with Answer & Explanation
The correct answer is B. $86,800. See the full explanation below for the reasoning.
Question
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%?
Options
- A$43,400
- B$86,800
- C$117,500
- D$328,600
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