Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
004Fagins, a nationwide department store chain, currently processes all of its credit sales payments at its St. Louis headquarters. The firm is considering the establishment of a lockbox arrangement with a Los Angeles bank to process payments from its customers in 10 western states. Average mailing time for customers from this region would be reduced from 3 days to 1.5 days. In addition, check processing and clearing time would be reduced from 4 days to 2.5 days. Annual collections from the western region are $150 million. Establishment of this lockbox system would reduce the compensating balance requirement at the firm's St. Louis office by $30,000. Funds released by the lockbox arrangement can be invested elsewhere in the firm to earn 12 percent. The Los Angeles bank has agreed to process Fagins' customer payments "free of charge" provided that the firm maintains a minimum compensating balance of $1,500,000 in its account at the bank. What are the annual net benefits to Fagins of establishing a lockbox system with the Los Angeles bank (assume 365 days per year)?
the mfc corporation has decided to build a new facility. it estimates the cost of the facility at 9.7 million. mfc
Calculate two EBIT-EPS coordinates for each of the structures and indicate over what EBIT range, if any, each structure is preferred
course fin370 myfinance lab wk 2 problems partial already completed wk3 practice amp problems wk 4 practice amp
Hunter retired last year and will receive annuity payments for life from his employer's qualified pension plan of $30,000 per year starting this year.
income statement herman industries isforecasting the following income statementsales 8000000operating costs excluding
Discuss and explain the form or structure of the organization you currently work for or one you worked for in the past. Discuss why it it best suited for the conduct of its business.
imprudential inc. has an unfunded pension liability of 565 million that must be paid in 15 years. to assess the value
On January 1, Year 1, a company issued $200,000 bonds and received $210,483 from investors. The stated rate of interest is 10% and the market rate of interest is 8 percent.
After the three years, the cart is expected to be worthless as that is the expected remaining life of the cooling system. What is the payback period of the ice cream cart.
you are considering replacing an existing computer system which was purchased 2 years ago at a cost of 325000. the
The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.6 million and net plant and equipment equals $2.1 million.
The average inflation rate over this period was 3.25 percent and the average T-bill rate over the period was 4.3 percent.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd