A lockbox plan is most beneficial to firms that
A) have suppliers who operate in many different parts of the country.
B) have widely disbursed manufacturing facilities.
C) have a large marketable securities portfolio, and cash, to protect.
D) receive payments in the form of currency, such as fast food restaurants, rather than in the form of checks.
E) have customers who operate in many different parts of the country.
Correct Answer:
Verified
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