A large corporation has annual sales revenues of 6 billion. The corporation currently earns 2.25
on its money-market account.
If the corporation can reduce its float by three days by making its
billing and collection functions more efficient, the company's operating profits will increase by
approximately
A) 2,196,500. B) 3,069,863. C) 1,350,000. D) 1,109,589.
Question 2
Mary will receive 12,000 per year for the next ten years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent? (Round to the nearest whole dollar)
A) 120,114
B) 67,803
C) 65,640
D) 56,793
Anatomy of the large intestine
Large families on U.S. farms used to be common. Children helped plant and harvest crops, take care ...
In plant fossils, leaf margin is used to estimate mean annual temperature
Carbon is constantly exchanged between large reservoirs in the lithosphere
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Life Table for an Annual Plant Cohort