manager, has toughout the country.Mr. Bea speed up the collectioned that through the statione conte bank has indicated of payments by two days. Furthermore, the cash management department of to him that he can defer payments on his accounts by one bank has a remote disbursement centre in New Brunswick 10 marks e diry without offend the o company's offending suppliers The
a) If Aurora Electrical Company has $2.55 million per day in collections and $1.11 million per day in disbursements,
how many dollars will the cash management system free up7-5 marksAurora Electrical Company can earn 7% percent per annum on freed-up funds, how much income can be generated?-3 marksIf the total cost of the system is $430,000 should it be implemented? - 2 marks