What is the optimal cash return point

Assignment Help Financial Accounting
Reference no: EM132585115

Question 1: What's the optimal cash return point? Hollywood Shoes would like to maintain their cash flow account at a minimum level of $56,000, but expect the standard deviation in net daily cash flows to be $4200; the effective annual rate on marketable securities to be 6.75 percent per year and the trading cost per sale or purchase of marketable securities to be $150 per transaction. What will be their optimal cash return point? (Round your answers to 2 decimal points).

Reference no: EM132585115

Questions Cloud

Compute the price and quantity variances for the month : For direct materials, compute the price and quantity variances for the month.compute the rate and efficiency variances for the month
How can we make the diffie-hellman algorithm : Explain you vision of using the Diffie-Hellman key exchange as a simple public-key algorithm in securing online communication in real live.
Explain the procedure to a new accounting student : Explain the procedure to a new accounting student. How each estimating method could result in a different amount of bad debt expense
What you have learned about access controls : Using what you have learned about access controls, identify the business impact of the challenge, and identify an access control method that will mitigae.
What is the optimal cash return point : What's the optimal cash return point? Hollywood Shoes would like to maintain their cash flow account at a minimum level of $56,000
Ahat are the steps you will take to prove your argument : Analytical essay that provides an explanation of the importance of the source chosen, e.g. how an ad for an escaped slave shows the value of the enslaved person
How to make year-end adjusting entries for transactions : Jassal Music Inc. is located in Edmonton, How to Prepare year-end adjusting entries for transactions 1 to 3 and the required entry for transaction 4.
Should you use a layered security approach : Which Wireless Security options would you deploy, preventing typical wireless attack vectors? Should you use a layered security approach? Why?
Create journal entries pertaining to transaction for jan : Create journal entries pertaining to this transaction for January 1, 20X5, and December 31, 20X5, together with a summary journal entry to record

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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