Lexicon has a daily average check collections of $180,000, and it takes the firm 5 days before it can completely process those checks. an automated lockbox system that costs $33,000 a year would reduce the processing time by 2 days. should lexicon invest in this system if the opportunity cost of short-term funds is 12.3%? why or why not?

Lexicon should invest in the system. The reason why it should is shown in the explanation.

Explanation:

Give the investment is carried out, the reduction in processing time by 2 days will decrease the check outstanding by $360,000, which is calculated as average check collection daily x number of day processing time is reduced or 180,000 x2.

The opportunity cost saving from reduction in outstanding check = 360,000 x 12.3% = $44,280

The incremental benefit from investment =  Opportunity cost saving - Cost of the lockbox system = 44,280 - 33,000 = $11,280.

Thus, Lexicon should invest in the system as it save the company $11,280 each year.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

answer; i believe the correct answer is energy star;