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
The large orb web of Araneus diadematus (European garden spider).
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
A typical large tool box, showing just one of many drawers.
Small Avocado vs Large Avocado
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
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