Question: Hi, I need help with my Managerial Finance assignment please. . . If average daily remittances are $3 million, and extended disbursement float adds 10

Hi, I need help with my Managerial Finance assignment please. . .

If average daily remittances are $3 million, and "extended disbursement float" adds 10 days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 12% on excess funds. $3,615,000 $3,600,000 SO S3,705,000 Price Corp, is considering selling to a group of new customers and creating p of new customers and creating new annual sales of 300 will be uncollectible. The collection cost on these accounts is 600 ofnew sales, the $490.000. cost of producing and selling is 80% of sales and the firm is in the 20% tax bracket. What is the profit on new sales? S49.886 $39.886 $392,000 S29,966

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