In a typical month, the Bungee Jump Corporation receives 100 checks totaling $90,000. These are delayed six
Question:
In a typical month, the Bungee Jump Corporation receives 100 checks totaling $90,000. These are delayed six days on average. What is the average daily float?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
To calculate the average daily float for the Bungee Jum...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
Question Posted:
Students also viewed these Business questions
-
In a typical month, the Gulley Corporation receives 100 checks totaling $59,200. These are delayed three days on average. What is the average daily float? Assume 30 days in a month?
-
In a typical month, the Webber Corporation receives 100 checks totaling $67,000. These are delayed three days on average. What is the average daily float? Assume 30 days in a month.
-
In a typical month, the Tanner Corporation receives 100 checks totaling $78,000. These are delayed three days on average. What is the average daily float? Assume 30 days in a month.
-
A curve C in three dimensions is given parametrically by (x(t), y(t), z(t)), where t is a real parameter, with a t b. Show that the equation of the tangent line at a point P on this curve where t...
-
What is the role of the accounting function in an organization?
-
Here is a list of life expectancies in 12 South American countries: 62,64,65,66,70,71,72,73,73,74,75,75 The mean of these data is 70, and the SD is 4.6. (You do not need to verify this.) Without...
-
Consider the statement Customer complaints are customer opportunitiesbut only if we know about them. Do you agree or disagree? Why?
-
Discuss the role of sensitivity analysis in LP. Under what circumstances is it needed, and under what conditions do you think it is not necessary?
-
(1) Using 3 half-adders, implement the following functions: 1) D=ABOC 2) A'BC + AB'C 3) ABC' + (A'+B')C 4) G = ABC
-
What are the highest and lowest historical interest rates for commercial paper? Go to www.economagic.com and follow the Interest Rates link. Find the highest and lowest interest rates for one-, two-,...
-
Stream Bank offers your firm a 7 percent discount interest loan for up to $3 million, and in addition requires you to maintain an 8 percent compensating balance against the amount borrowed. What is...
-
Presented below are selected ratios for four firms: Firm A is a distiller, Firm B is a jewelry retailer, Firm C is an airline, and Firm D is a hotel chain. Required: 1. Explain why the long-term...
-
How do you describe yourself?
-
Describe an outcome you would like to achieve.
-
Determine the order of growth of the running time of this statement in ThreeSum as a function of the number of integers \(n\) on standard input: int[] a = StdIn. readA11Ints(); Answer: Linear. The...
-
Look up Japans domestic SO 2 emissions and per capita GDP data and create a scatterplot graph. Then, explain the relationship between economic growth and SO 2 -induced environmental contamination.
-
@Tucson79 to @VW: Sunroof on wifes Bug is noisy to the point that may not get VW for next car. Mentioned this at service, still whistles constantly. Prepare a response based on the following. We cant...
-
Molina Corporation has paid 60 consecutive quarterly cash dividends (15 years). The last 6 months, however, have been a cash drain on the company, as profit margins have been greatly narrowed by...
-
Consider the advantages and disadvantages of extending property rights so that everyone would have the right to prevent people imposing any costs on them whatsoever (or charging them to do so).
-
A chemical company is considering buying a magic fan for its plant. The magic fan is expected to work forever and help cool the machines in the plant and, hence, reduce their maintenance costs by...
-
Hogvertz Elvin Catering (HEC) is considering switching from its old food maker to a new Wonder Food Maker. Both food makers will remain useful for the next 10 years, but the new food maker will...
-
The Long-Term Financing Company has identified an alternative project that is similar to a project currently under consideration in all respects except one. That is, the new project will reduce the...
-
The forces acting on a rectangular steel bar are shown in figure. The dimensions of this bar are: BC=1 cm, CD=5 cm and AB=2 cm. a) What is the total change in volume of the steel bar if its modulus...
-
Four different fuels are being evaluated based on the emission rate. For this purpose four IC engines have been used in the study. The experimenter has used a completely randomized block design and...
-
4. A single pass full penetration weld is made in steel using the following parameters: E-25 V, 1-300 A, n = 0.9, v = 10 mm/sec, To 25C, Tpreheat 200C, Tm = 1510C, PC, =0.0044 J/mmK, k = 0.028...
Study smarter with the SolutionInn App