How much cash should data on nathan enterprises

Assignment Help Accounting Basics
Reference no: EM132756140

Question: Data on Nathan Enterprises has determined that it needs Php 7.8 million in cash per week. If Data on Nathan Enterprises needs additional cash, it can sell marketable securities, incurring a fee of Php 500 for each transaction. If Data on Nathan Enterprises leaves funds in its marketable securities, it expects to earn approximately 0.6% per week on their investment. Using the economic order quantity model, how much cash should Data on Nathan Enterprises raise from selling securities each week to minimize its costs of cash?

Reference no: EM132756140

Questions Cloud

Find the rate of return over given years on a project : Find the Rate of Return over 8 years on a project that cost $250,000 today and $100,000 in 3 years, but will return a net income $70,000 at the end of the year.
How they impact on the business environment : Case Studies of Business Law and Business Structures - Critically analyse the ethical implications of legal decisions and how they impact on the business
What is ashley adjusted basis of the property : Ashley inherited all of the property of her aunt Elena, who died last year. Elena's adjusted basis for the property at the date of death was $1,415,000.
Personal contribution to the literature review report : Give you an opportunity to combine many facets of your acquired MBA skills into the production of a high-quality research project.
How much cash should data on nathan enterprises : Data on Nathan Enterprises has determined that it needs Php 7.8 million in cash per week. If Data on Nathan Enterprises needs additional cash.
What is the delta of the portfolio : The DELTA of Call A and Put A are 0.2735 and -0.7265 respectively. Assume that you create a portfolio that is short one call and long one put.
What adjustments must you make to accounts receivable : If a company sells or factors a material portion of its accounts receivable, what adjustments must you make to accounts receivable before doing your test.
How are property and equipment measured under aspe : How are property, plant, and equipment measured under ASPE? Include both initial and subsequent measurement in your discussion. What are the measurement options
Prepare the journal entry to record the issuance of the bond : Blossom Company issued $510,000, 9%, 20-year bonds on January 1, 2020, at 104. Interest is payable annually on January 1. Blossom uses straight-line.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the net present value of the data

What is MACRS and straight line depreciation? How far off your estimates of revenues and expenses can be before your decision would change?

  Flip company purchased equipment on july 1 2011 for 90000

flip company purchased equipment on july 1 2011 for 90000. it is estimated that the equipment will have a 5000 salvage

  What will be david beginning capital balance

David is going to invest $51,000 into business to acquire 30 percent ownership interest. What will be David's beginning capital balance

  Calculate the cost of purchasing the equipment

Angie Corporation is evaluating whether to lease or purchase equipment. Calculate the cost of purchasing the equipment

  How much factory supervision cost assigned to products

How much factory supervision and indirect factory labor cost would NOT be assigned to products using the activity-based costing system

  What happens to equilibrium quantity demanded and supplied

Use graphical analysis to show that if Y and M both increase, the interest rate may increase, decrease, or stay the same.

  Identify and discuss the key steps in the closing process

Identify and discuss the key steps in the closing process that provide the most opportunity to make mistakes in processing account transactions. Why did you select these steps and what makes them confusing?

  Journalize the adjusting entry needed at year end

Journalize the adjusting entry needed at year end for each situation in a WORD format. Each scenario should be considered independently

  Identify and briefly explain the steps in the order

Tom Oslow, a fellow student, is unclear about the basic steps in the recording process. Identify and briefly explain the steps in the order in which they occur.

  Find the amount of depletion that should be recorded

In 2018, Frederick extracted and sold 125,000 tons of ore. Find the amount of depletion that should be recorded? Round total the nearest whole dollar

  Calculate to the nearest penny what tax rate

Calculate to the nearest penny what tax rate per $100 of assessed valuation is required to generate a tax levy that will produce

  About to southern semiconductor corporation

The president of Southern Semiconductor Corporation (SSC) made this statement in the company's annual report: "SSC's primary goal is to increase the value of our common stockholders' equity." Later in the report, the following announcements were m..

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!

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