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!
Alexis Morris, an assistant manager at a local department store, gets paid every 2 weeks by direct deposit into her checking account. This account pays no interest and has no minimum balance requirement. Her monthly income is $4,200. Alexis has a "target" cash balance of around $1,200, and whenever it exceeds that amount, she transfers the excess into her savings account, which currently pays 2.0% annual interest. Her current savings balance is $15,000, and Alexis estimates that she transfers about $500 per month from her checking account into her savings account. Alexis doesn't waste any time in paying her bills, and her monthly bills average about $2,000. Her monthly cash outlay for food, gas, and other sundry items totals about $850. Reviewing her payment habits indicates that on average she pays her bills 9 days early. At htis time, most marketable securities are yielding about 4.75% annual interest.Show how Alexis can better manage her cash balance.a. What can Alexis do regarding the handling of her current balances?b. What do you suggest that she do with her monthly surpluses?c. What do you suggest Alexis do about the manner in which she pays her bills?d. Can Alexis grow her earnings by better managing her cash balances? Show your work.
your company international widget manufacturers is headquartered in new orleans but is considering expanding its
Imagine that your total gross income for the year is 103.6 thousand. After all the deductions and exemptions, you find that your taxable income is 84.4 thousand.
teague company purchased a new machine on january 1 2012 at a cost of 150000. the machine is expected to have an
using the time value of money to compute the present and future values of single lump sums and annuities use the
Kelly Corporation five year bonds yield 7.50% and 5-year T-bonds yield 5.80%. The real risk-free rate is r* = 2.5%, the default risk premium for Kelly's bonds is DRP = 0.40 percent,
consider a retailing firm with a net profit margin of 3.5 a total asset turnover of 1.8 total assets of 44 million and
determine the capitalized cost of analternative that has a first cost of 55000 an annual maintenance cost of 12000 and
assume that a software organization is considering creating a new software product. assume that the new software
what is the price of the following bond 10 years to maturity par value of 1000 the annual coupon rate is 65 and the
Brushy Mountain Mining Company ore reserves are being depleted, so its sales are falling. As a result the company earnings and dividends are declining at the constant rate of 4% per year. If Do=$5 and Rs=15% what is the value of Brushy Mountain st..
happy buker owns a risky portfolio with a 20 standard deviation. if happy invests the following proportions in the
Sheffield Co. shows the following information on its 2010 income statement: sales = $161,500; costs = $80,200; other expenses = $3,500; depreciation expense = $9,200; interest expense = $6,700; taxes = $21,665; dividends = $8,050.
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