IASSC Exam ICBB Topic 9 Question 60 Discussion

Actual exam question for IASSC's ICBB exam

Question #: 60
Topic #: 9

What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $0.9 million dollars to $3.5 million total and your organization's marginal cost of capital was 5.7%?

A$49,250

B$51,300

C$117,500

D$202,424

Show Suggested Answer

Suggested Answer: B

by Leota at Feb 09, 2024, 07:24 PM

Limited Time Offer

25%

Off

Get Premium ICBB Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Bronwyn

6 months ago

That's a good point, Stephaine. C) $117,500 could also be a valid choice depending on the calculation method.

upvoted 0 times

...

Stephaine

6 months ago

Hmm, I'm not sure. Maybe C) $117,500 could be a possible answer too.

upvoted 0 times

...

Mabel

7 months ago

I agree with Bronwyn, D) $202,424 seems like the right choice based on the information given.

upvoted 0 times

...

Bronwyn

7 months ago

I think the answer might be D) $202,424. It seems like a significant amount.

upvoted 0 times

...

Stephaine

7 months ago

What do you think the answer is for that question about savings?

upvoted 0 times

...