User Account

All Pages

What are the costs associated with the proposal

Assignment Help Basic Statistics
Reference no: EM132951715

Murkywater Company is considering a lockbox system. Its collection delay is currently 12 days.

  • Reduction in mailing time = 1.5 day
  • Reduction in clearing time = 1.5 day
  • Reduction in firm processing time = 1.0 day
  • Total = 4.0 days

The following is also known:

  • Daily interest on Treasury bills = 0.025%
  • Average number of daily payments to lockboxes = 4,000
  • Average size of payment = $400

A local bank has agreed to operate this lockbox system for a fee of $0.25 per check processed. What are the costs associated with the proposal?

Reference no: EM132951715

Questions Cloud

Find fixed monthly principal and interest payments : How much interest is paid over the entire term of a $60,000, 30 year loan at 13% annual interest, if it has fixed monthly principal and interest payments of $66
Calculate the forecasted cash flow for week six : Given the following information on previous weeks' cash flows, calculate the forecasted cash flow for Week 6, based on a 3 week moving average of the prior week
What is the maximum amount float : Float.com has average daily cash receipts of $50,000 and weighted average delay of 2 days between receipt of cash availability of cash in the bank.
Whatannual total inventory management cost of book inventory : What is the annual total inventory management cost of book inventory? Books Depot, a large retailer of books, orders 7,212,857 books per year
What are the costs associated with the proposal : A local bank has agreed to operate this lockbox system for a fee of $0.25 per check processed. What are the costs associated with the proposal?
Find out the total annual rent : A tenant rents 10,000 square feet of space in a 100,000 square-foot Retail Shopping Center Plaza on a triple- net basis. The minimum rent is $12 per square foot
Should dorchester build the new manufacturing plant : Should Dorchester build the new manufacturing plant in the United States? Dorchester Ltd., is an old-line confectioner specializing in high-quality chocolates.
What factors determine the beta of a stock : -What factors determine the beta of a stock? Define and describe each.
Lower growth impact-higher growth impact : Explain the impact a lower growth in sales could have on the dividend policy and retained earnings for the company featured in the case study.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find probability that at least one machine will working

Find the probability that at least one machine will be working properly at any given time. Provide answer to four decimal precision.

  Suppose that two 10k runners are selected at random let x

in a 10k run 27.4 of the runners finished the race in 49 minutes 42 seconds or faster. suppose that this result holds

  Find the probability that x is exactly 10

Find the probability that X is exactly 10. -  Find the probability that X is at least 5. -  Find the probability that X is no more than 25.

  Standard deviation of the sampling distribution

A sample of 175 randomly selected students, found that the proportion of students planning to travel home for thanksgiving

  Prevalence of hyperlipidemia

A recent study reported that the prevalence of hyperlipidemia (defined as total cholesterol over 200) is 30% in children 2-6 years of age. If 12 children are analyzed,

  What was the logic when rejecting this null hypothesis

a. What was the null hypothesis? b. What was the logic when rejecting this null hypothesis?

  Should you be concerned about the likelihood that it is

suppose you have some data gathered from a repeated experiment. if you want to make inferences about the data collected

  Find population variance in depth to water at the site

Physical Sciences The well depth in certain locations is important for agriculture and for the development and maintenance of residential and commercial areas.

  Probability distribution of the sleep time

Average night's sleep is 6.8 hours. Assume the probability distribution of the sleep time to be normal with a standard deviation of .8 hours.

  A 95 percent confidence interval estimate for the

the management of a department store is interested to estimate the difference in the amount of money spent by female

  Determining confidence interval for the mean number

Find a 98% confidence interval for the mean number of days required for successful completion of physical therapy for patients in the average group. Discuss the results.

  Assess their satisfaction with its services

Suppose a utility company polls customers to assess their satisfaction with its services.

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