Cash management, Finance Basics

A compnay can arrange for a secured loan amounting to 150,000,000 for one year at an interest rate of 18% per annum based on the initial balance of the loan. The lender also imposses a flat arrangement fee of 50,000 which would be met out of existing balances. The sum borrowed could be placed in a notice deposit at 9% per annum and drawn down at no cost as and when required. The company''s treasurer believes that cash balances will be run down at an even rate throughout the year. calculate the cash balance
Posted Date: 3/22/2013 7:51:09 AM | Location : Kenya







Related Discussions:- Cash management, Assignment Help, Ask Question on Cash management, Get Answer, Expert's Help, Cash management Discussions

Write discussion on Cash management
Your posts are moderated
Related Questions
ROS - Return on Sales (Profit Margin) The Average of the industry ROS was 5.18% for 2004, 4.41% for 2005, and 7.20% for 2006. The chart showed that ROS has been declined f

Question: a) Lucy who plans to retire in 18 years has decided to save money in the bank at the beginning of each month until her retirement, with each subsequent saving incre

Measuring Business Performance Definition Financial analysis is a process via that finance identifies the company's financial performances with comparing the entities in

Agency Relationship between Government and the Shareholders Shareholders and via extension, the company they own operate within the environment requiring the charter or licens

Joint Stock Companies - Types of Business Organisations Initiators contribute to the capital support of those companies via the purchase of shares of those companies. These co

if u were the professor wht your opinion about vincent mind stage

Baumol's Model - Optimal Cash Balance An application of the EOQ is the Baumol's model which is inventory model to cash management. Its statements are as: The firm emplo

Information Signaling Effect Theory Advanced via Stephen Ross in year 1977, He argued such in an inefficient market; management can utilize dividend policy to signal significa

John has just retired & she is running out of cash. Her finanical planner advises her to do reverse mortage to improve her standard of living. The current market value of her self

Characteristics of Investment - Venture Capitalists Venture capitalists, will just invest in a company whether there is a reasonable chance such the company will be successful