Problem 2 The Seminole Company wishes to apply the Miler Ort model to manage its cash investment Seminoles management has determined that the cost of either investing in or selling marketable securities is $200 By looking at Seminole Company's past cash needs, they have determined that the variance of daily cash flows is $10.000. Seminole Company's opportunity cost of cash, per day is estimated to be 005 Seminole management has figured based on their experience dealing with the cash flows of the company that there should be a cushion-a safety stock-el cash of $20,000 How much is the variance of daily cash flows? (Use a number, no decimal value, no commas. no currency, no space) Your answer How much is the cost per transaction? (Use a number no decimal value, no commas, no currency. no space) Your answer How much is the upper limit based on the Miller-Orr model of cash management? (Use a number, no decimal value, no commas, no currency, no space) Your answer How much is the opportunity cost of cash, per day? (Use a number must be in decimal form. eg. 6.39/100. encode 0.063.no commas, no currency.no space) Your answer How much is the return point based on the Miller-Orr model of cash management? (Use a number, no decimal value, no commas, no currency, no space) Your answer How much is the lower limit based on the Miller-Orr model of cash management?(Use a number, no decimal value no commas, no currency, no space) Your answer Problem 2 The Seminole Company wishes to apply the Miller-Orr model to manage its cash investment. Seminole's management has determined that the cost of either investing in or selling marketable securities is $200. By looking at Seminole Company's past cash needs, they have determined that the variance of daily cash flows is $10,000. Seminole Company's opportunity cost of cash per day, is estimated to be 0.05% Seminole management has figured, based on their experience dealing with the cash flows of the company, that there should be a cushion- a safety stock-of cash of $20,000. How much is the variance of daily cash flows? (Use a number, no decimal value, no commas, no currency, no space) * Your answer How much is the cost per transaction? (Use a number, no decimal value, no commas, no currency, no space) Your answer How much is the upper limit based on the Miller-Orr model of cash management? (Use a number, no decimal value, no commas, no currency, no space) Your answer How much is the opportunity cost of cash, per day? (Use a number, must be in decimal form. eg. 6.3%/100, encode 0.063, no commas, no currency, no space) * Your answer How much is the return point based on the Miller-Orr model of cash management? (Use a number, no decimal value, no commas, no currency, no space) * Your answer How much is the lower limit based on the Miller-Orr model of cash management?(Use a number, no decimal value, no commas, no currency, no space) * Your
