6 Use the following information to answer the question Variance of net daily cash flows The lower cash limit is seta 100,000 $5,000 $25 each Rate of return on investments is 85% annually Calculate the upper cash limit per the Miller-Or mode a $2,003 b. $7,004 e. $4,012 d. $11,013 7. Use the following information to answer the Variance of net daily cash flows is The lower cash limit is set at Transaction costs are $50,000 $2,000 $20 each Rate of return on investments is 6% annually Calculate the target cash balance per the Miller-Orr mode a. $3,658 b. $ 69,546 c. $ 1,658 d. $ 6,975 discount if they pay cash and otherwise allows 30 days credit. I 5%of their the month following 8. Zine, Inc. allows its customers a 2% customers take the discount and pay in the month of purchase. The remainder pay i nflows for November: a. $25,750 b. $23,660 c. $21,340 weary, Inc. allows its customers a 10% discount if they pay cash and otherwise allows 30 days credit with half the credit customers paying in the month after the sale and half paying two months after. Only 20% of their customers take the discount and pay in the month of purchase. Sales in October are $40,000 and sales for November are projected to be $45,000. Calculate cash inflows from sales in November h. d. $25,000 a, $40,100 b. 24,000 c. 36,000 d. $ 25,000