What will be the optimal upper cash limit

Assignment Help Finance Basics

Reference no: EM131982226

Question: Hollywood Shoes would like to maintain their cash account at a minimum level of $54,000, but expect the standard deviation in net daily cash flows to be $4,400; the effective annual rate on marketable securities to be 7.00 percent per year; and the trading cost per sale or purchase of marketable securities to be $140 per transaction. What will be their optimal upper cash limit? (Round your answer to the nearest dollar amount.)

Reference no: EM131982226

Questions Cloud

What is the de broglie wavelength : What is the de Broglie wavelength of a 0.17-kg hockey puck moving at 55 m/s?

Find the current market value of the stock : Home Parties is paying an annual dividend of $1.25 every other year. The last dividend was paid last year. The firm will continue this policy until two more.

Develop a project management plan : NEF3101 PROJECT MANAGEMENT ASSIGNMENT - DEVELOP A PROJECT MANAGEMENT PLAN. You have to write everything on behalf of a company named ALPS

Under what conditions you think a company should choose saas : Under what conditions do you think a company should choose SaaS over traditional outsourcing? Explain your views and discuss them with your peers.

What will be the optimal upper cash limit : Hollywood Shoes would like to maintain their cash account at a minimum level of $54,000, but expect the standard deviation in net daily cash flows.

Explain what is the marginal rate of transformation impact : Explain what is the Marginal Rate of Transformation impact? What is the capital-abundant country? What is the labor-abundant country?

Calculate the displacement : You accelerate constantly from a speed of 6.0 m/s in the positive x direction to a speed of 18 m/s in the negative x direction. The time taken is 8.0 seconds.

Find the forces that the bolt and the fulcrum exert : The board now has a weight of 1400 N and is supported by a fulcrum 1.40 m away from the left end. Find the forces that the bolt and the fulcrum exert

What is her de broglie wavelength : At the instant she strikes the water, what is her de Broglie wavelength?

User Account

All Pages