1. What is the minimum number of years in which an investment costing $210,000 must return $65,000 per year at a discount rate of 13% in order to be an acceptable investment?
2. Your firm starts with a book and available balance of $100,000 You then write a check for $85,000 to pay for raw materials that has not been cashed.You also receive a check of S30.000 from a customer that has not been deposited. What is the net float?
3. Your firm’s accounts receivable period is 35 days. operating cycle is 62 days and accounts payable turnover is 7.3 times. What is your cash cycle.