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i Using the Miller-Orr model for cash management, advise W.E. lovett ltd on the return point for the company's bank balance and the upper and lower limits for its bank balance Assume 365 days per year and round money values to the nearest whole dollar i If the yield on long-term investments was 13% and the interest rate on the bank overdraft was 15%, what advice would you give Lovett on the return point and the upper and lower limits? assume all other data remains unchanged and round all money values to the nearest whole dollar.• i) Using the Miller-Orr model for cash management, advise W.E. Lovett Ltd on the return point for the company's bank balance and the upper and lower limits for its bank balance. Assume 365 days per year and round money values to the nearest whole dollar. • ii) If the yield on long-term investments was 13% and the interest rate on the bank overdraft was 15%, what advice would you give Lovett on the return point and the upper and lower limits? Assume all other data remains unchanged and round all money values to the nearest whole dollar
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