User Account

All Pages

Find annual savings-aqua system inc

Assignment Help Finance Basics
Reference no: EM132660671

Aqua System Inc. expects to have $15,385,656 in credit sales during the coming year. Currently all checks are sent to the home office. A proposed lockbox system can eliminate 4 days of float, releasing funds which, when invested, will earn 9.63 percent per year. What annual savings can Aqua System expect if the system is implemented? Use a 365-day year.

Reference no: EM132660671

Questions Cloud

Calculate the two projects pis : Calculate the two projects' PIs, assuming a cost of capital of 14%. Do not round intermediate calculations. Round your answers to three decimal places.
Cost benefit analysis regarding transportation planning : How does model analysis compare to cost benefit analysis regarding transportation planning?
What the amount of goodwill to be recognized is : What the amount of goodwill to be recognized is? On this date, P Company issued 150,000 shares, P18 fair market value, for 80% of the outstanding shares of S Co
Prepare the journal entries for anderson gadd : Anderson Gadd owns and operates a number of restaurant,Prepare the journal entries for Anderson Gadd regarding the transactions for the year ended 31 July 2020.
Find annual savings-aqua system inc : Aqua System Inc. expects to have $15,385,656 in credit sales during the coming year. Currently all checks are sent to the home office
Initial investment-annual after-tax cash flows : Webmasters.com has developed a powerful new server that would be used for corporations' Internet activities. It would cost $10 million
Make poor laboratories for experimentation : Are some states so different in culture and character from the nation as a whole that they make poor "laboratories" for experimentation?
New-project analysis-campbell company : The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $810,000,
Death affect all three branches of federal government : How did Scalia's death affect all three branches of the federal government? What impact does his death have on the presidential election this November 2016?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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