M2 Assignment 2 Submission – AU FIN401 – ALL ANSWERS MUST BE HIGHLIGHTED IN YELLOW!!
M2 Assignment 2 Submission
By the due date assigned break the afterward problem. Norma’s Cat Aliment of Shell Knob ships cat aliment throughout the country. Norma has bent that through the enactment of bounded accumulating centers about the country, she can acceleration up the accumulating of payments by two and one-half days. Furthermore, the banknote administration administration of her coffer has adumbrated to her that she can adjourn her payments on her accounts by one-half day after affecting suppliers. The coffer has a alien bulk centermost in Iowa.
If the aggregation has $5 actor per day in collections and $3 actor per day in disbursements, how abounding dollars will the banknote administration arrangement chargeless up? Justify your answers.
If the aggregation can acquire 8 percent per annum on freed-up funds, how abundant will the assets be? Justify your answers.
If the anniversary bulk of the new arrangement is $800,000, should it be implemented? Explain why or why not.
Turn in your completed assignment to the Submissions Area through the end of the module.
Assignment 2 Grading CriteriaMaximum PointsCorrectly affected that bulk in dollars the banknote administration arrangement will chargeless up and justified the response.30Correctly affected assets and justified response.30Clearly explained if the new arrangement should be implemented.30Wrote in a clear, concise, and organized manner; approved ethical scholarship in authentic representation and allegation of sources; displayed authentic spelling, grammar, and punctuation.10Total:100
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