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emneducation.com%252Fmgmiddleware Tube Maps Course Home BUS1021-20F Sec2. Pearson Troublesho... Home 70 Sewed Help Save Bugle Boy Company has an opportunity cost of funds of 10 percent and a credit policy based on net 45 days. If all of its customers adhere to the stated terms and annual sales increase from $4.01 million to $5.92 million, what will be the increased cost of funds tied up in accounts receivable? (Use 365 days in a year. Do not round intermediate calculations, Round the final answer to the nearest whole dollar. Enter answer in whole dollar not in million.) Increased cost of fund $ x Lab 7 Chapter 7 - FIN2120-21W. X Question 2 - Lab 7 Chapter 7- X ucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com%252Fmghmiddleware Maps Course Home BUS 1021-20F-Sec2... Pearson Troublesho... Home be Saved Help Megahurtz International Car Rentals has rent-a-car outlets throughout the world. It keeps funds for transaction purposes in many foreign currencies. Assume that in 20XX it held 290,000 reals in Brazil worth $220,000. It earned 10 percent interest, but the real declined 20 percent against the dollar. a. What is the value of its holdings, based on Canadian dollars, at year-end? (Do not round intermediate calculations.) Value of the holdings $ b. What is the value of its holdings, based on Canadian dollars, at year-end if it earned 7 percent and the real went up by tt percent against the dollar? (Do not round intermediate calculations.) Value of the holdings 2 of B Next > frey cer 70 Savad Help 5 Your banker has analyzed your company account and has suggested that her bank has a cash management package for you. She suggests that with a concentration banking system, your float can be reduced by three days on average. You, of course, are delight (you're not sure why), but you do know your average daily collections amount to $335,000. Your opportunity cost of funds is 9 perce The bank provides this service for $55,500 plus a compensating balance in your current account of $78,000. (A compensating balance is the amount you are required to maintain interest free at that bank) a. Is this package worth it? Yes b. By how much? (Negative answer should be indicated by a minus sign.) Annual Saving $ Prey 1 of 8 Next > *
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