Using 1,000 billable hours per year determine the net present value for the purchase of the dump truck using a MARR of 18%. Should your company purchase the dump truck?
January 12, 2018
After five periods, if the asset survives, its owner is paid 50. Given this, how much is this asset worth at the beginning of each period?
January 12, 2018

b. If Partridge is now collecting an average receivable in 40 days, by how much will it have to lower the receivables balance to achieve a good rating?

  1. Partridge Inc. sells about $45 million a year on credit. Good credit and collections performance in the industry result in a 35-day ACP.

a. What is the maximum receivables balance Partridge can tolerate and still receive a good rating with respect to credit and collections?

b. If Partridge is now collecting an average receivable in 40 days, by how much will it have to lower the receivables balance to achieve a good rating?

 

"Are you looking for this answer? We can Help click Order Now"

assignment help