Brett's, Inc is a national distributor of women's apparel. The company expects to receive 95,000 checks during
the coming year totaling 78 million. A large bank has offered to install a lock-box system at a charge of 0.45
per processed check.
If Brett's, Inc is able to earn 5 percent before tax on additional funds, what is the minimum
amount of total float days that must be saved to make the system worthwhile? Use a 365-day year.
Question 2
A firm has an expected dividend next year of 1.20 per share, a zero growth rate of dividends, and a required return of 10 percent. The value of a share of the firm's common stock is:
A) 120
B) 10
C) 12
D) 100
Paralyzed women using robotic arm
Work and Gender: Women at Work in India
A Women's thumb
Food that may carry pathogens that should be avoided by pregnant women