Question: May you please answer this question showing your steps! 3. A company has 5 remittances for the typical month as listed below. Assume the typical

May you please answer this question showing your steps!

3. A company has 5 remittances for the typical month as listed below. Assume the typical month has 30 days. The days of mail oat and availability oat for each remittance are also shown. Processing oat is negligible. Calculate the total-dollar-day oat for the month. Calculate the average dollar-day oat. Calculate the average collection oat in days. F"? 53"." Remittance Mail oat Availability o atl $ 1 0 0,0 0 0 2 1 5,000 7 2 3 00,000 1 1 10,00 0 5 1 1 50,000 4 2 If the annual opportunity rate is 4%, calculate the annual cost of oat
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
