User Account

All Pages

Amount of the disbursement float

Assignment Help Finance Basics
Reference no: EM131402177

1. ABC Company writes 243 checks a day for an average amount of $553 each. These checks generally clear the bank in 5 days. In addition, the firm generally receives an average of $140,484 a day in checks that are deposited immediately. Deposited funds are available in 1 days. What is the firm's net float?

2. As of this morning, your firm had a ledger balance of $3,634 with no outstanding deposits or checks. Today, your firm deposited 5 checks in the amount of $238 each and wrote 12 checks in the amount of $987 each. What is the amount of the disbursement float as of the end of the day?

3. ABC Company has annual sales of $342,293 and cost of goods sold of $198,600. The average accounts receivable balance is $99,490. How many days on average does it take the firm to collect its accounts receivable? Assume 365 days.

Reference no: EM131402177

Questions Cloud

Change the quantity but not the quality : Change the quantity but not the quality of the following statements:- Some grade-school administrators are people who choke the educational process.
Discuss the principles of holistic care and four principles : Discuss the principles of holistic care and the four principles of the holistic caring process.Discuss the differences in patient needs when developing a holistic plan of care.Discuss the similarities and differences between complementary and alterna..
What is the eoq : Required: What is the EOQ? How many times will you order? What are the shortcomings of the EOQ? What is your rationale?
Why did recycling increase and garbage collection decrease : Demonstrate, using supply and demand curves, the effect of the change in pricing on the volume of garbage collected.
Amount of the disbursement float : As of this morning, your firm had a ledger balance of $3,634 with no outstanding deposits or checks. Today, your firm deposited 5 checks in the amount of $238 each and wrote 12 checks in the amount of $987 each. What is the amount of the disbursem..
Compute the mean monthly returns and standard deviations : What do you notice about the volatilities of the individual stocks, compared to the volatility of the equally weighted portfolio and create an Excel plot with standard deviation (volatility) on the xaxis and average return on the y-axis.
The centers for disease control and prevention : Find information on the goals of the following health-related organizations.a)The World Health Organization (WHO)b)The Pan American Health Organization (PAHO)c)The Latin American and Caribbean Association of Public Health Educationd)The Centers for D..
Identify the premises and conclusion of the argument : Identify the premises and conclusion of the argument and write an analysis at least one paragraph in length identifying the fallacy or fallacies committed and the factors that may have led the arguer to commit them.
Expected annual payments to your great-uncle : What are the expected annual payments to your great-uncle if he uses his $1,750,000 in savings to purchase the annuity? His first payment is expected to start one year from today.

Reviews

Write a Review

Finance Basics Questions & Answers

  Analyzing a portfolio

You have $100,000 to invest in a portfolio containing Stock X, Y and a risk-free asset. You must invest all of your money. Your goal is to create a portfolio that has an expected return of 13.5 percent and that has only 53 percent of the risk of the ..

  What is the present value of 2150 per year at a discount

what is the present value of 2150 per year at a discount rate of 9 percent if the first payment is received 6 years

  Normal required rate of return

Additionally, the current yield on 5 Year TBills is .78. The Market Risk Premium is 2.5% and PMWW's beta is 1.2. The risk, however, on this project will be 2% higher than their normal Required Rate of Return.

  A real estate investment is available at an initial cash out

A real estate investment is available at an initial cash outlay

  What are some actions an entrenched management

What are some actions an entrenched management might take that would harm shareholders? How is it possible for an employee stock option to be valuable even if the firm's stock price fails to meet shareholders' expectations?

  In each situation identify the assumption or principle that

rosman co. had three major business transactions during 2012.a reported at its fair value of 260000 merchandise

  Write about future value and compounding

Using a minimum of 3 reference sources in addition to the text book, and then compile a 1,000-word response to any one of the following below. Please choose one and write about it. Future value & compounding and Present value & discounting

  The consensus analyst eps forcast for the subsequent

The consensus analyst eps forcast for the subsequent

  Holding maturity constant

Prove Rule 2 for Duration: Holding maturity constant, a bond's duration is higher when the coupon rate is lower. You may complete the proof using either mathematical notation or numerical examples.

  Prepare a report of the pertinent information

Messineo LLC borrowed $15,000 at a 14% annual rate of interest to be repaid over 3 years. The loan is amortized into three equal annual end of year payments. As the CFO of Messineo, LLC you must prepare a report of the pertinent information in a s..

  What is the major benefit of debt financing

What is the major benefit of debt financing? How does it affect the firm’s cost of debt?

  Calculate loan origination fees for option 1 and option 2

Which option is more cost effective if you stay in the home for 2 years or less? Which option is more cost effective if you stay in the home for 3 years or more?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd