Practices will reduce a firms collection float

Assignment Help Financial Management
Reference no: EM13769207

Which of the following practices will reduce a firm's collection float? (May be more than one)

I. Installing a lockbox system

II. Utilizing a zero-balance account

III. Depositing checks daily rather than weekly

IV. Reducing the processing delay by one day

Reference no: EM13769207

Questions Cloud

Write a response about the graceland cemetary in chicago : Explore Chicago class, write a response about the Graceland cemetary in chicago. First paragraph write the summary of the cemetary, second paragraph choose a famous person.
Illegal and unethical business dealings : Unfortunately, over the last several years, there have been many examples of illegal and unethical business dealings; some involved practicing unethical accounting processes, as well as situations that involved public figures from various genres c..
Write a response about the graceland cemetary in chicago : Explore Chicago class, write a response about the Graceland cemetary in chicago. First paragraph write the summary of the cemetary, second paragraph choose a famous person.
Changes affected the accounts payable period : The Fried Green Tomato Restaurant increased its operating cycle from 140 days to 148 days while the cash cycle decreased by 3 days. How have these changes affected the accounts payable period?
Practices will reduce a firms collection float : Which of the following practices will reduce a firm's collection float?
The break-even point for buffalo bobs wild wings : Buffalo Bob’s Wild Wings is a restaurant that sells only chicken wings. The restaurant has fixed costs per year of $200,000 and each wing (regardless of dressing) sells for $0.50 and costs $0.25 per. The profit/loss of the firm at 1,000,000 wings sol..
Case analysis - mgm : Write a summary of the case study. In your summary be sure to discuss reasons why MGM would use an international strategy to achieve strategic competitiveness.
Large union whose members consist of workers : Car Makers United ("CMU") is a large union whose members consist of workers who put automobiles together. The CMU is the official labor union of workers who work at Chevrolet's factory in Michigan. After a large recall in Chevrolet vehicles, Chevrole..
Chipotle would use internal governance mechanisms : Write a summary of the case study. Be sure to discuss reasons why Chipotle would use internal governance mechanisms to monitor and control managers' decisions.

Reviews

Write a Review

Financial Management Questions & Answers

  Borrowing money from your local bank

Today, you are borrowing money from your local bank. The loan is to be repaid in one lump sum payment of $15,000 one year from now. How much money are you borrowing today if the APR is 10.6 percent?

  Refinancing the outstanding mortgage balance at lower rate

Assume a 16-year, $250,000 mortgage with a rate of 5.8 percent. 9 years into the mortgage, rates have fallen to 4.8 percent. What would be the monthly saving to a homeowner from refinancing the outstanding mortgage balance at the lower rate?

  Explain the functions of financial markets

Explain the functions of financial markets and discuss why a dollar tomorrow cannot be worth less than a dollar the day after tomorrow.

  Firm with high fixed costs and low variable costs

You are involved in the planning process for a firm that is expected to have a large increase in sales next year. Which type of firm would benefit the most from that sales increase: a firm with low fixed costs and high variable costs or a firm with h..

  What is the overall return on the investments

A fund of funds divides its money between five hedge funds that earn –5%, 1%, 10%, 15%, and 20% before fees in a particular year. The fund of funds charges 1 plus 10% and the hedge funds charge 2 plus 20%. The hedge funds’ incentive fees are calculat..

  Explain what is meant by naïve diversification

Determine the expected return and standard deviation of returns for a portfolio of 90 securities and explain what is meant by naïve diversification

  Cash flow-compute its cash flow

Cash flow. Assume a firm has earnings before depreciation and taxes of $200,000 and no depreciation. It is in a 40 percent tax bracket. Compute its cash flow

  What was the restructuring accrual associated

Cranberry Chemical recorded pre tax restructuring charges of $1378 million in 2014. The charges consisted of asset write-downs of $908 million, costs associated with exit or disposal activities of $132 million, and employee severance costs of $338 mi..

  Equal year-end deposits in a savings account

You need to accumulate $86,143 for your son's education. you have decided to place equal year-end deposits in a savings account for the next 16 years. The savings account pays 3.62 % per year compounded annually.

  You have been provided with the accounts of tulip

your organization has a canteen tulip refractory serving hot meals snacks and refreshments during the working day. at

  What is the expected rate of return

A company’s preferred stock is issued it $25 with promised evidence of 3% of four. Current price of the stock is $61. What is the expected rate of return?

  Given that you are rolling your services out in a foreign

given that you are rolling your services out in a foreign country there will be a need to learn from other companies

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