A lockbox plan is most beneficial to firms


A lockbox plan is most beneficial to firms that:

have widely dispersed manufacturing facilities

have a large marketable securities portfolio and cash to protect

receive payments in the form of currency, such as fast food restaruants , rather than in the for of checks

have customers who operate in many different parts of the country

have suppliers who operate in many different parts of the country

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Financial Management: A lockbox plan is most beneficial to firms
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