How does the same firm wish to manage its disbursements

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Reference no: EM131419897

1. Why would a lockbox plan make mom sense for a firm that makes sales all over the United States than for a firm with the same volume of business that is concentrated at the same location as the corporate headquarters?

2. In general, does a firm wish to speed up or slow down collections of payments made by its customers? Why? How does the same firm wish to manage its disbursements? Why?

Reference no: EM131419897

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