a. The optimum cash balance is? b. The average cash balance is? c. the number of conversion made during the year is? d. The total cash cost is?
a. The optimum cash balance is? b. The average cash balance is? c. the number of conversion made during the year is? d. The total cash cost is?
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 16MC: In an attempt to better understand RR’s cash position, Johnson developed a cash budget for the first...
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The
period. He asked the help of the accountant and the latter provided a
the computations, the company would be incurring cash expenses of P6,612,500 per month. The financial manager
has estimated a cost of P40 per transaction in case non-cash asset is converted to cash. The firm’s opportunity cost
ratio is 12%.
a. The optimum cash balance is?
b. The average cash balance is?
c. the number of conversion made during the year is?
d. The total cash cost is?
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