Question: help me c ?? (1) What is the total float for the month? (1 point) (2) What is the average daily float? (1 Points) (3)

help me c ?? (1) What is the total float for

help me c ??

(1) What is the total float for the month? (1 point) (2) What is the average daily float? (1 Points) (3) What is the average daily receipts and weighted average delay? (2 points) b) ABC Inc. disburses cheques every two weeks that average $93000 and take seven days to clear. How much interest can the company earn annually if it delays transfer of funds from interest bearing account that pays 0.015 per day for these seven days? (1 Point) c) Fimm A borrows $20,000 @ 5% and invests in machine X with a useful life of 5 years. Machine X generates additional revenues of $10,000/year and additional cost of $2,000/year. Firm A's tax rate is 30%. (5 Points) (1) Calculate the net annual cash inflow? (4 Points) (2) Calculate the payback period for Machine X? (1 Point) The most recent financial statement for Martin Inc. is shown here: Statement of Income Balance Sheet Sales $25,800 Assets $113,000 Debt $20,500 Costs 16,500 Equity 92,500 Taxable income $9,300 Total $113,000 Total $113,000 Taxes (34%) 3,162 *B Net Income $6,138

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