A lockbox plan is most beneficial to firms

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A lockbox plan is most beneficial to firms that:

have widely dispersed manufacturing facilities

have a large marketable securities portfolio and cash to protect

receive payments in the form of currency, such as fast food restaruants , rather than in the for of checks

have customers who operate in many different parts of the country

have suppliers who operate in many different parts of the country

Reference no: EM13813471

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