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
Large regions of the Boreal forest in Alberta have been divided into a grid due to industrial develo
(a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest
Examples of USP labels Source: Courtesy of Novartis Pharmaceuticals Corporation and Mallinckrodt Pha
Annual Federal Deficit (or Surplus), 1992–2016
Large-scale circulation systems produce global climate patterns