What is the companys float

Assignment Help Finance Basics
Reference no: EM13263012

Green Apple Fruit Farms has a four-day delay in processing and clearing. The daily interest rate is .23%. On an average day, the firm receives $7500 in payments. What is the company's float? What is the company's average collection float in a month that has 30 days?

Reference no: EM13263012

Questions Cloud

What range of values is allowed for the parameter : Suppose we have a resistive load that varies from 5 kOhms to 10 kOhms. We connect this load to an amplifier, and we need the voltage across the load to vary by less than 1 percent with variations in the load resistance.
Effectiveness of scared straight programs : From the e-Activity, examine the findings of the studies examining the effectiveness of Scared Straight programs and juvenile boot camps. In the face of these findings, indicate whether or not you believe such programs are effective deterrents of cri..
Define what is the internal energy of gas x : A box of volume 20.0 L contains 1.50 moles of an ideal gas. This gas initially consists of a single molecular species, X (molar mass of 42.0 g/mol), at a temperature of 25.0 °C.
What is their mean free path : In an interstellar gas cloud at 48.2 K, the pressure is 1.16 x 10-8 Pa. what is their mean free path
What is the companys float : Green Apple Fruit Farms has a four-day delay in processing and clearing. The daily interest rate is .23%. On an average day, the firm receives $7500 in payments. What is the company's float? What is the company's average collection float in a mont..
Design a garage door controller using plc ladder diagram : Design a garage door controller using PLC Ladder Diagram (RSLOGIX 500 PLC SIMULATOR). The behavior of the garage door controller is as follows  there is a single button in the garage, and a single button remote control.
The resistance can be hazardous and cause fire : An office workers wants to plug in a 3000 watt 110 volt heater into a standard 15 amp, 110v, electrical outlet. Would this be safe? (Note: w=v times I and W=I^2R
What is your average accounts receivable balance : On average your firm sells $26500 of items on credit each day. Your average operating cycle is 51 days and your firm acquires and sells inventory on average every 19 days. What is your average accounts receivable balance?
Compute the amount of heat energy lost by the water : A 5.00g sample of water vapor, initially at 155C is cooled at atmospheric pressure, producing ice at -55C. Calculate the amount of heat energy lost by the water sample in this process, in kJ.

Reviews

Write a Review

Finance Basics Questions & Answers

  Probability of completing exam in one hour or less

Determine the probability of completing exam in one hour or less?

  What is the expected year-end dividend

ABC's stock has a required rate of return of 19.9%, and it sells for $62 per share. The dividend is expected to grow at a constant rate of 6.7% per year. What is the expected year-end dividend, D1?

  Find the pretax economic value

TKK has $1 billion of capital invested in several projects that are expected to create a pretax operating profit of $170 million next year. TKK has an estimated tax cost of capital of 15 percent

  How much would you have to invest now to meet your goal

An investment opportunity offers to pay out $116 two years for now. In order to receive this payout, you must invest $81 today. What annual rate of return is this investment offering? Put your answer in decimal form and round to four decimal pl..

  What is purina''s business?how would you describe its strate

1. What is Purinex's business?How would you describe its strategy? What do you think are the founders' goals and vision for the company? 2. What is the source of Purinex'svalue? What are the firm's technologies, and how successful could they be? What..

  Explaining and comparing mutually exclusive projects

Explaining and Comparing Mutually Exclusive projects and Eads Industrial System Company is trying to decide between two different conveyor belt systems

  How much should you be willing to pay for the bond

how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent.

  How much can you borrow today

you expect to have $12,000 in one year. A bank is offering loans at 3.5% interest per year. How much can you borrow today?

  Create a presentation for management

Suppose the risk-adjusted cost of capital is 12 percent, compute net present value for each proposal. Include the cash flows from salvage value and the tax benefits of depreciation

  At what price would there be a margin call

A futures contract covers 5000 pounds with a minimum price change of $0.01 is sold for $31.60 per pound. If the initial margin is $2,525 and the maintenance margin is $1,000, at what price would there be a margin call?

  What is your portfolio return

If you have a portfolio made up of 30 percent Company O, 40 percent Company V, and 30 percent Company M, what is your portfolio return?

  Computation of interest expenses

Computation of interest expenses at required combined leverage and if the firm has no preferred stock and what are its annual interest charges

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