Solution-Find the net benefit, Marty's Marbles is

Find the net benefit

Assignment Help Finance Basics

Reference no: EM132531191

1. Marty's Marbles is considering opening a collection center close to its west coast customers. Marty's annual sales are $91,652,478. Opening a center will cost $10,469 per year but will allow Marty to collect 5 days faster. Marty can earn 5% on the money.

What is the net benefit?

Include a negative sign if it is negative.

b. Our current annual credit sales are $15,696,639m. Using wire transfers instead of depository transfer checks would allow us to get our funds 4 days faster but would cost $12 more per transfer. We can earn 4% on released funds.

Find the net benefit.

Hint: Interest is earned 365 days a year but someone needs to be in the office to do the wire transfer so they are done 250 days a year.

Reference no: EM132531191

Questions Cloud

Determine the amount of factory overhead : During the month of February 2019, actual direct labor hours of 9,500 were incurred. Use this information to determine the amount of factory overhead

What is the expected return of portfolio : Suppose the expected return next year from A B C are -9%, 12% and 24% respectively. What is the expected return of your portfolio next year?

Calculate for each security of expected rate of return : Constant rate of 4 % thereafter. ABC's last dividend was $2.50 and the required rate of return on the stock is 9%. Calculate the value of the stock

Determine the total manufacturing costs : The Cost of Goods Manufactured was $705,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018

Find the net benefit : Marty's Marbles is considering opening a collection center close to its west coast customers. Marty's annual sales are $91,652,478. Opening a center will cost

Python web crawler assignment : Create 2 Simple web / screen scraper programs (preferably using 2 different websites or try to extract 2 different pieces of information from 1 website).

Digital Diskus protect itself from such an attack : Then use these to write an agent, and then get the attacker's agent installed, how should Digital Diskus protect itself from such an attack?

Describe internal and external patterns in the organization : You reviewed a strengths, weaknesses, opportunities, threats, and trends (SWOTT) analysis of a fast-food franchise that was done in 2013.

What actions should management take to identify policies : What actions should management take to identify and change policies that inhibit organizational performance? The response must be typed, double spaced.

User Account

All Pages

Find the net benefit

Reference no: EM132531191

Reference no: EM132531191

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Financial reporting and analysis

A report on financial accounting

Describe the types of financial ratios

Differences between sole proprietorship and corporation

Prepare a cash budget statement

What are the implied interest rates

State pricing theory and no-arbitrage pricing theory

Small business administration

Effect of financial leverage

Evaluate the basis for the payment to the lender

Importance of opps, ipps, mpfs and dmepos

Time value of money

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT