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!
The High- Rise Construction Company, located in Houston, receives large remittances (that is progress payments) from customers with whom it has contracts. These checks are frequently draw in New York City Banks. If the checks are deposited in High-Rise's Houston Bank, the funds will not become collected balance and usable by the firm until 2 business day later. In other words, deposits made on Monday, become available for use on Wednesday, and deposits made on Friday become available to the firm on the fallowing Tuesday. However, if High-Rise sends an employee to New York with the check and se presents it for payment at the bank upon which it is drawn, the funds will be available immediately (that is the same days) to the firm. Assuming that High-Rise can earn 6% on short-tem investments and that the cost of sending an employee to New York to present the check for payment is $350, determine the following:
1. How can i calculated the net pre tax benefit to the firm of using special handling procedure for 1 millon check received on monday and on friday.
2. the amount of check on wich the firm just "breaks even" (thast is the net pretax benefit equals zero) using the special handling procedure, assuming that the check is received on the following days. I.Monday II. Friday
Johnson Mirrors is facing the possibility of two mutually exclusive projects. They have determined that the required rate for similar projects is 11.7 percent. Project A has an internal rate of return (IRR) of 15.3 percent and Project B has an IRR of..
A land broker has indicated that she expects future economic development in the community where the land is located to lead to substantial appreciation in the land’s value over the next decade. The cost of the land is $200,000. What is the NPV and is..
How would you solve for this? What is the operating cash flow for the following project? Sales are $200,000, operating costs are $50,000, depreciation is $20,000 and the tax rate is 30%.
In the year that just ended, Callaway Lighting had sales of $5,470,000 and incurred cost of goods sold equal to $4,460,000. The firm's operating expenses were $128,000 and its increase in retained earnings was $42,000 for the year. There is not enoug..
After deciding to acquire a new car, you realize you can either lease the car or purchase it with a three-year loan. The car you want costs $32,500. The dealer has a leasing arrangement where you pay $94 today and $494 per month for the next three ye..
Stephenson Real Estate Company was founded 25 years ago by the current CEO, Robert Stephenson. The company purchases real estate, including land and buildings, and rents the property to tenants. Construct Stephenson’s market value balance sheet befor..
Financial ratios are essential to provide an accurate valuation of a firm. Select a publicly traded firm of your choice. You may use the firm you have elected to profile for the course-long Financial Analysis and Proposal assignment or a completely d..
The ratio, sometimes called the "acid test," is a more stringent measure of than the current ratio. Nukin’ Gnats Pest Control is trying to determine its cash flow per share. It has revenue of $50,000, $35,000 of expenses, $4,000 of depreciation and $..
MicroSense, Inc., paid $2 dividends per share last year. It is estimated that the company’s ROEs will be 12% and 10%, respectively, next two years. The plowback rate in next two years will be 0.6. It is expected that the dividends will grow at a sust..
Dahlia Enterprises needs someone to supply it with 116,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. It will cost you $830,000 to install the equipment n..
The seller owns the car. The car was acquired with borrowed money from Comerica Bank, but the bank has been repaid in full. Comerica Bank still appears on the car title because the seller did not have the bank's lien removed yet. The car has been mai..
The Square Box is considering two independent projects, both of which have an initial cost of $18,000. The cash inflows of Project A are $3,000, $7,000, and $10,000 over the next three years, respectively.
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