What is the clinics average net float

Assignment Help Finance Basics
Reference no: EM13292327

On a typical day, Park Place Clinic writes $1,000 in checks. It generally takes four days for those checks to clear. Each day the clinic typically receives $1,000 in checks that take three days to clear. What is the clinics average net float?

Reference no: EM13292327

Questions Cloud

State silicon is converted into liquid silicon tetrachloride : solid silicon is converted into liquid silicon tetrachloride,SiCl4 , by treating it with chlorine gas. In the last step, is SiCl4 treated with hydrogen gas to give ultrapure solid silicon and hydrogen chloride
Find the speed of the snow relative to the earth : A man observes snow falling vertically when he is at rest, but when he runs through the falling snow at a speed of 5.50 m/s, Find the speed of the snow relative to the earth
What is the project standard deviation of npv : Assume that Heywood's managers judge the project to have lower-than-average risk. The company's policy is to adjust the corporate cost of capital up or down by 3 % points to account for differential risk. Is the project financially attractive? Why..
Explain what is the molar density of the air : On a certain winter day in Utah, the average atmospheric pressure is 738 torr. What is the molar density (in mol/L) of the air if the temperature is -18 degrees Celsius
What is the clinics average net float : On a typical day, Park Place Clinic writes $1,000 in checks. It generally takes four days for those checks to clear. Each day the clinic typically receives $1,000 in checks that take three days to clear. What is the clinics average net float?
Explain hydrocholoric acid to form aqueous aluminum chloride : Aluminum reacts with excess hydrocholoric acid to form aqueous aluminum chloride and 28.7 mL of hydrogen gas over water at 27C and 751 mmHg. How many grams of aluminum reacted
Define what is the required rate of return on a stock : Assume that the risk-free rate is 6 percent and the expected return on the market is 13 percent. What is the required rate of return on a stock that has a beta of 0.7?
Which type of schematic structture is probably appropriate : A digital communication system is being designed with twelveidentical network ports. Which type of schematic structture is probably most appropiate for the design
Develop an entity-relationship diagram as a conceptual model : For the following data requirements analysis description, develop an Entity-Relationship Diagram as a conceptual model that captures all of the requirements to the fullest extent possible.

Reviews

Write a Review

Finance Basics Questions & Answers

  Personal financial planning

John inherited $2 million in an IRA, which comprised of the entire estate from his father. He promptly withdrew the funds. The appropriate marginal tax rate was 28%.

  Which is riskier to the company

Is the agreement between the company and its investment banker an example of a negotiated or a best-efforts deal? Why? Which is riskier to the company? Why?

  Discuss the company experience if the center is closed

It's close to a $40,000 loser and we ought to devote our efforts elsewhere, noted Kara Whitmore, after reviewing financial reports of her corporation's attempt to offer a decreased-price daycare service to employees.

  What dollar amount of deposits can the bank have

A new bank has vault cash of $ 1 million and $ 5 million in deposits held at its Federal Reserve District Bank.

  What is the maximum monthly charge cookie cutter should pay

What is the maximum monthly charge Cookie Cutter should pay for this lockbox system if the payment is due at the end of the month?

  Which investment should he make and why

Rishi is considering another investment, of equal risk, that earns an annual return of 8%. Which investment should he make, and why?

  Determine correct statement

Today, you can get either 121 Canadian dollars or 1,288 Mexican pesos for 100 United State dollars. Last year, 100 United State dollars was worth 115 Canadian dollars or 1,291 Mexican pesos.

  Determine category of financial statement ratios

A potential creditor's judgment about granting credit would be most influenced by the potential customer's, Which of the following is not a category of financial statement ratios?

  What is the maximum amount pierre should be willing to pay

He plans to invest in a five-year bond issued by Venice Corp. that pays an annual coupon of 4.84 percent. If the current market rate is 7.29 percent, what is the maximum amount Pierre should be willing to pay for this bond?

  Currency hedge forward rate

On January 2nd, 2011, BMW expects to ship 19,000 Mini-Cooper cars from its affiliated plant in the UK to the US, which it will sell through US dealers on 300-day terms at $26,500 each. What are two other ways BMW might hedge their pound/dollar expo..

  What impact would the new capital structure have

What impact would the new capital structure have on the firm's net income, total dollar return to investors, and ROE?

  What is the implied value of the warrants attached

Neubert also has outstanding $1,000 par value 15-year straight debt with a 7% coupon paid annually, also trading for $1,000. What is the implied value of the warrants attached to each bond?

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