Rosenthal Design has daily sales of $59,000. The financial management team determined that a lockbox would reduce the collection time by 1.6 days. Assuming the company can earn 5.2 percent interest per year, what are the savings from the lockbox?

French Fried Food Inc. wishes to accumulate P500,000 during the next 24 months to open a second location. What constant amount should it pay at the end of each month into a money market savings account with an investment dealer, to attain its saving objectives? The planning assumption is that the account will earn 10% compounded semi-annually. Find the present value of an annuity which pays P1,460 at the end of every 3 months of 6 years, if money is worth 9% compounded monthly? If P2,000 is invested at the end of every year at 8% compounded semi-annually, what will be the total value of the periodic investment after 20 years?

A new delivery van costs $20,000 and can be financed for 60 months with a $4,000 down payment. I.M.’s bank will finance the van at 5.5 percent compounded monthly, and you calculated his weighted average cost of capital at 8 percent. How do you figure out the monthly payment for the van?

A new delivery van costs $20,000 and can be financed for 60 months with a $4,000 down payment. I.M.’s bank will finance the van at 5.5 percent compounded monthly, and you calculated his weighted average cost of capital at 8 percent. You found that a 5-year-old van of this model sells for $5,000.   What is the monthly payment for the delivery van?

A department store has it’s own credit card facilities, for which it charges interest at a rateof 4% each month. Calculate the annual percentage rate (APR). Explain why this is not thesame as charging an annual interest rate of 48% and what is APR.b) A proposed investment costs $1500 today. The expected revenue flow is $ 3000 at theend of year 1, and $10,000 at the end of year 2. Find the internal rate of return, correct totwo decimal places. The market interest rate is 15%. Would you recommend thisinvestment? Explain the reason for your recommendation.

Company XYZ has annual credit sales of $2,500,000. Collection of the credit sales are evenly spread out over the 250 working days per year. The company’s annual cost of borrowing is 7%. How much would XYZ save each year by improving its receivables process by one day?

A company has just sold a product with the following payment plan: $75, 000 today, $50, 000 at the end of year 1. and $25, 000 at the end of year two. If the payments are deposited into an account earning 4.5% per year, calculate the present value for the cash flow. Show steps using ONLY a financial calculator. The answer should be 145,740.

Leyton Lumber Company has sales of $12 million per year, all oncredit terms calling for payment within 30 days, and its accounts receivable are $1.5 million.What is Leyton’s DSO, what would it be if all customers paid on time, and how much capitalwould be released if Leyton could take action that led to on-time payments?

Company investment says will pay out $64,000 at the end of 3 years. To invest, you'll need to deposit $9,900 to their bank account and keep the information private. What is the average annual return on this investment? Remember to use a TVM function. the answer is provided: 86.29% Please show how to get on EXCEL in one function

Framing Art Inc. will need to purchase two new cashier machines in 3 years, at a cost of $ 137 each. A savings account pays 2% per year compounded quarterly. How much should Framing Art Inc. deposit now in this account to have the cash available in 3 years to pay cash for both machines?