The dawn h company supplies bulletin board services to


The Dawn H. Company supplies bulletin board services to numerous universities and colleges in canada. Miss dawn is investigating the desirability of employing a billing firm owned by Jessica B. to do her billing and collections. Because the billing firm specializes in these services, collection float will be reduced by 15 days. average daily collections are $2,500, and the owner can earn 10% anually (expressed as an APR with quarterly compounding) on her investments. If the Jessica B. billing firm charges $750 per quarter, should the owner of Dawn H. Company employ the billing firm? why or why not? (show your calculations)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The dawn h company supplies bulletin board services to
Reference No:- TGS02701019

Expected delivery within 24 Hours