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 male reindeer
The Monarch butterfly migrates large distances
A star-forming region in the Large Magellanic Cloud.
Meningocele. (a) A meningocele is a herniation of the meninges, usually associated with the spinal c
Prostate cancer. In this example, a large mass has grown into the urinary bladder. Prostate cancer i
A typical large tool box, showing just one of many drawers.