What annual increase in income

Assignment Help Accounting Basics
Reference no: EM13818447

Your firm has $45.0 million invested in accounts receivable, which is 90 days of net revenues. If this value could be reduced to 50 days, what annual increase in income would your firm realize if the increase in cash could be invested at 7.5 percent?

Reference no: EM13818447

Questions Cloud

Analysis or synthesis of central concepts of assigned topic : Response does not incorporate analysis or synthesis of central concepts of the assigned topic. Response reflects lack of understanding of the specific topic within the discipline. Response provides inaccurate supporting details and irrelevant example..
Describe mattel''s global marketing strategy for barbie : Describe Mattel's global marketing strategy for Barbie and assess its success. Does management demonstrate that it understands and embraces the need to -think global and act local
Health care reimbursement methodologies : Health Care Reimbursement Methodologies
Analyze the specific requirements of a code of ethics : Analyze the specific requirements of a code of ethics. Identify three critical elements of the AMA’s code that you believe are most important. Examine the differences and similarities between the AMA’s Code of Medical Ethics requirements and the code..
What annual increase in income : If this value could be reduced to 50 days, what annual increase in income would your firm realize if the increase in cash could be invested at 7.5 percent?
Question regarding the termination of the product : In addition, the product will tie up an average of $5,000 in working capital, which will not be freed up until termination of the product.
Explain what the legislation is about : Explain what the legislation is about. THIRD, in your opinion, is this good legislation? Why? If you think it is not good legislation, why not?
Which functions did they need to work on and why : Describe what functions (POLC) your supervisor or manager performed well and why. Which functions did they need to work on and why? Which of the four functions do you feel is the most important and why
Interest groups in the formulation of public policy : Interest Groups in the Formulation of Public Policy

Reviews

Write a Review

Accounting Basics Questions & Answers

  Bc a closely held corporation was organized in

bnc inc. a closely held corporation was organized in 1987. to date it has accumulated over 10 million after-tax

  What was the total amount of the company merchandise

Haan Inc. is a merchandising company. Last month the company's cost of goods sold was $66,500. The company's beginning merchandise inventory was $12,900 and its ending merchandise inventory was $17,200. What was the total amount of the company's m..

  Securities current assets

What is meant by the statement, "Assets are listed in order of liquidity"? Give an example using the typical current assets section of a balance sheet.

  Pack amp carry is debating whether to invest in new

pack amp carry is debating whether to invest in new equipment to manufacture a line of high-quality luggage.the new

  What is meant by the dual-track approach

What is meant by the dual-track approach of accounting for the government-wide level besides the fund level, and how does it compare to a worksheet approach?

  Franco and elisa share income equally during the current

franco and elisa share income equally. during the current year the partnership net income was 40000. franco made

  Compute the net present value for each investment

Each project requires an investment of $620,000. Straight-line depreciation will be used, and no residual value is expected. The committee has selected a rate of 15% for purposes of the net present value analysis.

  The devon motor company produces motorcycles during april

the devon motor company produces motorcycles. during april the company purchased 8000 batteries at a cost of 10 per

  Kristen the regional manager for a national hardware chain

kristen the regional manager for a national hardware chain is based in atlanta. during march and april of this year she

  Assuming that the books have not been closed what are the

a partial trial balance of julie hartsack corporation is as follows on december 312008.dr. cr.supplies on hand

  How the operating cycle data relate to the amount

Use the BOP analysis to briefly discuss how the operating cycle data relate to the amount of working capital and the current and acid-test ratios.

  Valuation and financial analysis

You will pick FEDEX INCORPORATION stock and perform a Valuation and Investment Analysis. You must select one of the companies that you contributed to your team portfolio. You will make a recommendation (could be "buy", "sell", or "hold"). Your ana..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd