Rothesay Submarine Manufatturing is investigating a lockbox system to reduce its collection time. It has...
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Rothesay Submarine Manufatturing is investigating a lockbox system to reduce its collection time. It has determined the following: The total collection time will be reduced by four days if the lockbox system is adopted. a. What is the PV of adopting the system? (Omit "s" sign in your response.) PV b. What is the NPV of adopting the system? (Do not round intermediate calculations. Round the final answer to the nearest whole dollar. Omit "s" sign in your response.) NPV c. What is the net cash flow per day from adopting? Per cheque? (Do not round intermediate calculations. Round the "Net cash flow per day" answer to 2 decimal places. Round the "Net cash flow per cheque" answer to 3 decimal places. Omit " 5 " sign in your response.)
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