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On an average day, the firm receives $7,218 in checks from customers. These checks clear the bank in an average of 1.6 days. The applicable daily interest rate is .028 percent. What is the present value of eliminating the float? Assume each month has 30 days. Please show your work.
What is Central Bank? What is the Function of the Central Bank? Purpose of Central Bank? What is State Bank & its Role? Function of State Bank (SB)? Activities and responsibilities of Central Bank?
Discuss on the topic of Please tell us about your family.This information will give us a better understanding of who is affected by your financial decisions.
We need our forecasts to be very accurate, so it just doesn't make sense to go with a simple moving average."
How can using more debt impact a firm's capital structure? Discuss the trade-offs between incremental IPO proceeds and debt financing.
If assets are measured at their fair (intrinsic) value, the analyst must forecast that residual earnings from those assets will be zero. Is this correct?
Ratio Analysis Use the following information to complete the balance sheet below. Hint: use 365 day calendar.
calculate the net present value for both track hoes. Assume that each option is repurchased until their useful lives end in the same year. Which track hoe should your company choose?
Explain why the fixed overhead spending variance is usually very small.- What is the cause of an unfavorable volume variance?
What are the five Cs of credit? Explian why each is important.
The market price of the convertible is 91% of face value, and the price of common is $41.50. Assume the value of the bond in the absence of a conversion feature is about 65% of face value.
Allysha just borrowed 42,300 dollars. She plans to repay this loan by making a special payment of 6,700 dollars in 3 years and by making regular annual payments
What legal status can Martin claim and use to satisfy the debt he is owed for his labor and material costs?
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