You are considering implementing a lockbox system for your firm. the system is expected to reduce the average collection time by 1.2 days. on an average day, your firm receives 320 checks with an average value of $99 each. the daily interest rate on treasury bills is 0.014 percent. what is the anticipated amount of the daily savings if this system is implemented?

$532.224

Explanation:

A lockbox system is a working capital management technique that accelerates cash collection. By using a lockbox system, daily collections of $31,680 ($320 x 99) will contribute to accelerated collection/savings of $38,016 ($31,680 x 1.2). This can be used to invest in Treasury bills that will provide daily savings/return on investment of $532.224 ($38,016 x 0.014%).

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'

answer; false pretense;