You have $14,100 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,700. (Enter your answer as directed, but do not round intermediate calculations.)
Requirement 1: Does this create a disbursement float or a collection float? (Click to select)Disbursement float or Collection float
Requirement 2: What is your available balance?
Available balance $___________
Requirement 3: What is your book balance?
Book balance $____________
You have $14,100 on deposit with no outstanding checks or uncleared deposits. Assume you deposit a check for $5,700. (Enter your answer as directed, but do not round intermediate calculations.)
| Requirement 1: |
| Does this create a disbursement float or a collection float? |
| (Click to select)Disbursement float or Collection float |
| Requirement 2: |
| What is your available balance? |
| Available balance $___________ |
| Requirement 3: |
| What is your book balance? |
| Book balance $____________ |
Related questions
| Romboski, LLC, has identified the following two mutually exclusive projects: |
| Year | Cash Flow (A) | Cash Flow (B) | ||||||
| 0 | ?$ | 52,000 | ?$ | 52,000 | ||||
| 1 | 28,000 | 15,800 | ||||||
| 2 | 22,000 | 19,800 | ||||||
| 3 | 17,000 | 24,000 | ||||||
| 4 | 12,400 | 25,800 | ||||||
| Requirement 1: | |
| (a) | What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answer as a percentage roundedto 2 decimal places (e.g., 32.16).) |
| Internal rate of return | |
| Project A | % |
| Project B | % |
| (b) | If you apply the IRR decision rule, which project should the company accept? |
| (Click to select)Project AProject B |
| Requirement 2: | |
| (a) | Assume the required return is 11 percent. What is the NPV for each of these projects? (Do not round intermediate calculations.Round your answers to 2 decimal places (e.g., 32.16).) |
| Net present value | |
| Project A | $ |
| Project B | $ |
| (b) | Which project will you choose if you apply the NPV decision rule? |
| (Click to select)Project AProject B |
| Requirement 3: | |
| (a) | Over what range of discount rates would you choose Project A? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Project A | (Click to select)BelowAbove | @ % | |
| (b) | Over what range of discount rates would you choose Project B? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
| Project B | (Click to select)BelowAbove | @ % | |
| (c) | At what discount rate would you be indifferent between these two projects? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) |
| Discount rate | % |
