Which of the following increases a collecting firms


1. Which of the following increases a collecting firm’s collection costs?

a.   Decreases in float

b.   Decrease in face amount of checks

c.   Decrease in variable costs

d.   Decreases in invoices

2. Which of the following will decreases the minimum transfer amount?

a.   Decrease in the opportunity cost of funds

b.   Decrease in the cost of a wire

c.   Increase in the cost of a wire

d.   Decrease in the cost of an ACH

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Which of the following increases a collecting firms
Reference No:- TGS02332616

Expected delivery within 24 Hours