This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total 2 ... (Read 30 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jul 10, 2018
Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total 2
  billion, what is it worth for the firm to reduce float by 1 day?
 
  A) 24,658 B) 246,575 C) 257,534 D) 388,349

Question 2

A major risk in using commercial paper for short-term financing is the inflexible repayment
  schedule.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chereeb

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jul 10, 2018
:D TYSM

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
Liquid helium Liquid helium
Percent of Mothers in the Workforce by Age of Children and Marital Status Percent of Mothers in the Workforce by Age of Children and Marital Status
Water Vapor and Liquid Water Water Vapor and Liquid Water
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012 Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
Percent of oxygen in the atmosphere versus altitude. Percent of oxygen in the atmosphere versus altitude.
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library