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3 years ago

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

Business

1 answer:

Anna007 [38]3 years ago

7 0

Answer:

$6,400,000

Explanation:

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

Daily interest on Treasury bills = 0.025%

Average number of daily payments to lockboxes = 4,000

Average size of payment = $400

The value of the proposal will be the average number of daily payments to lockboxes multiplied by the total of 4 days which is then multiplied by the average payment size. This will be:

= 4000 × $400 × 4

= $6,400,000

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Old Economy Traders opened an account to short-sell 1,550 shares of Internet Dreams at $74 per share. The initial margin require

svetlana [45]

Answer:

A.37%

B.No because the margin is above the requirement at 37%.

C.-118%

Explanation:

Old Economy Traders

1,550 shares*$74 per share = 114,700

margin requirement is 52% so equity =59,644

1 year later price increase to 81

$1550 shares*$81 per share = 125,550

Dividend = $4*1550 = 6,200

Margin = 114,700/131750 = 37%

No because the margin is above the requirement at 37%.

Price of 1550 stock year 1 at 81$/share = 125,550

114,700 – 125,500 = -10800

Rate of return = (-10800 -59,644)/59,644= -118%

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3 years ago

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Eddi Din [679]

Answer:

The owner's equity is $900

Explanation:

Because an asset takes money from your pocket and liability puts money in your pocket.

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3 years ago

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soldier1979 [14.2K]

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4 years ago

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Joe is one of the lead accountants for his company. Last month he was pressured to prepare the financial reports more quickly th

Minchanka [31]

Answer:

Explained.

Explanation:

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Joe made mistakes in financial report making his manager angry because the resources at the Joe's company are limited and financial report that are timely and reliable would have helped the company to attract some financial investment.

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3 years ago

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3 years ago