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Home Q & A Board Other Fields Homework Help Business Finance
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samualson samualson
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6 years ago
Assume that liquid funds can be invested to yield 4.5 percent. If annual remittance checks total $2 billion, what is it worth for the firm to reduce float by 1 day?
A) $388,349
B) $246,575
C) $257,534
D) $24,658
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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samualson Author
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6 years ago
Brilliant ツ
paulinaibarra98
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Yesterday
Just got PERFECT on my quiz
avance37
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2 hours ago
Smart ... Thanks!
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