Rose axels faces a smooth annual demand for cash of 511


Rose Axels faces a smooth annual demand for cash of $5.11 million, incurs transaction costs of $274 every time the company sells marketable securities, and can earn 4.2 percent on its marketable securities.

What will be its optimal cash replenishment level?

Request for Solution File

Ask an Expert for Answer!!
Business Law and Ethics: Rose axels faces a smooth annual demand for cash of 511
Reference No:- TGS0668130

Expected delivery within 24 Hours