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
(a) Large buttress roots in a tropical rain forest
Large size can provide a refuge from predators. While young African elephants may be vulnerable to p
Large Munsterländer
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Polyps, or abnormal growths, on the lining of the large intestine may indicate early stages of colon