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NEW QUESTION: 1
An analyst at XYZ Company was assigned with determining if the company should start to use a lockbox provider for its retail payments. The analyst determined that the company's annual sales of $324,000,000 were recorded evenly throughout the year. The Company receives 30,000 checks annually. Total dollar-days float without the lockbox is $76,500,000 and the annual opportunity cost is 5.5%; assume 30-day month. The industry's average opportunity cost is 6.0%. Using the information in the table,
what would be the net effect of using the lockbox?
A. Net savings of $1,890,000
B. Net savings of $63,000
C. Net savings of $1,732,500
D. Net savings of $57,750
Answer: D
Explanation:
Topic 4, Volume D
NEW QUESTION: 2
When an intra-office user calls an intra-office user, the number of automatic callbacks is unlimited. ()
A. TRUE
B. FALSE
Answer: B
NEW QUESTION: 3
The 4th of July holiday comes while a client is in the hospital being treated for schizophrenia. She is taking chlorpromazine and has improved to the point of being allowed to go with a group to the park for a picnic. The side effect of chlorpromazine that the nurse needs to keep in mind during this outing is:
A. Excessive appetite
B. Photosensitivity
C. Dryness of the mouth
D. Hypotension
Answer: B
Explanation:
(A) A decrease in blood pressure sometimes occurs with chlorpromazine. It would not be a factor influenced by a picnic in the park. (B) Protection from the sun is important in clients taking phenothiazines because they burn easily and severely. (C) An appetite increase sometimes occurs with chlorpromazine. It would not be affected by a picnic. (D) Dryness of the mouth may occur at any time and is not affected by the picnic outing.
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