Shifting payroll period, Billings Village is planning

Shifting payroll period

Assignment Help Corporate Finance

Reference no: EM1345891

Billings Village is considering shifting its payroll period from twice a month to monthly. Total payroll for the year is $80 million. Billings can earn 6% on its invested money. How much would the village save from such a change? Should it shift its payroll period to monthly.

Reference no: EM1345891

Questions Cloud

How lseek call makes a seek to file : Where lseek call makes a seek to byte 3 of file. What does buffer comprise after the read has completed?

Explain what makes a person more adaptable : Explain what makes a person more adaptable at one form of communication over another and how can an individual reduce his/her apprehension in the various communication settings?

Explain how does culture influence your feelings : Global Communication - Explain how does culture influence your feelings or thoughts about what constitutes socially

Inflation and interest rate effects : The opening of Russia's market has resulted in the highly volatile Russian currency (the ruble). Russia's inflation has basically exceeded 20 percent per month. Russian interest rates commonly exceed 150 percent, but this is sometimes less than an..

Shifting payroll period : Billings Village is planning shifting its payroll period from twice a month to monthly. Total payroll for the year is $80 million. Billings can earn 6 percent on its invested money.

Effective intercultural communication : Effective Intercultural Communication - Explain what are the steps toward effective intercultural communication? Explain each of them.

Assessing economic exposure : Alaska, Inc., plans to create and finance the subsidiary in Mexico which produces computer components at a low cost and export them to other countries. It has no other international business. The subsidiary will produce computers and export them t..

Briefly explain business, audit and security risk : Understanding risks is important for any business. As discussed in our text by Bryant, Hunton, and Bagranoff, risks are categorized in four major parts:

How to discover a binary star system : Although both stars probably formed from the same clump of gas, more massive one must have had its birth slowed so that it became a key -sequence star millions of years later than its less massive companion.

User Account

All Pages