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The Orbiso Corporation sells on credit terms of net 25. Its accounts are on average, 9 days past due. If annual credit sales are $8

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The Orbiso Corporation sells on credit terms of net 25. Its accounts are on average, 9 days past due. If annual credit sales are $8 million, what is the company's balance sheet amount in accounts receivable. Your company purchased $10,000 worth of inventory on January 2^nd on credit. The terms of sale are 3/15 net 45. How much will you pay if payment is made on January 15^th? How much will you pay if payment is made on January 30^th? Your checkbook shows you have a $10,000 balance in your account. You write checks totaling $4,000 and make a deposit of $6,000. What is your disbursement float? Your checkbook shows you have $ 10,000 balance in your account. You write checks totaling $4.000 and make a deposit of $6000 What is your collection float? Suppose your checkbook shows you have $10,000 balance in your account. You write checks totaling $4,000 and make a deposit of $6000 What is your net float? Mullineaux corporation has a target capital structure of 50% common stock. 5 percent preferred stock, and 45 percent debt Its cost of equity is 14 percent, the cost of preferred stock is 6 percent and the cost of debt is 7.5 percent. The relevant tax rate is 35 percent. What is Mullineaux's WACC? You are given the following information concerning Parrothead Enterprises Debt: 4.000 8percent coupon bonds outstanding, with 20 years to maturity, and a quoted price of 114. The bonds pay interest semiannually. Common Stock: 150,000 shares of common stock selling for $50 per share. The stock has a beta of 1.05 and will pay a dividend of $3.25 next year. The dividend is expected to grow by 5percent per year indefinitely. Preferred Stock: 8,000 shares of percent preferred stock selling at $96 per share. Market: At 12 percent expected return, a 4.5 percent risk-free rate, and a 35 percent tax rate

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