Q1. what the rate of return must i earn on its marketable securities to make it worthwhile for the company to institute this lock-box system?
Q2. use a 365 day per yr.
更新1:
no .... i think it is not answer....
20 marks what rate of return
2007-09-06 9:20 pm
I expects to have credit sales of 5,000,000 this yr. The bank offering me a lock-box system for 1,000 per month. i estimates that the new lock-box system will reduce float by 5 days.
Q1. what the rate of return must i earn on its marketable securities to make it worthwhile for the company to institute this lock-box system?
Q2. use a 365 day per yr.
Q1. what the rate of return must i earn on its marketable securities to make it worthwhile for the company to institute this lock-box system?
Q2. use a 365 day per yr.
回答 (1)
2007-09-06 11:15 pm
✔ 最佳答案
HK$1,000 per month = HK$12,000 per year.0.24% return can cover this charges.
Have I answered yr questions ?
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https://hk.answers.yahoo.com/question/index?qid=20070906000051KK01142