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Your checkbook shows you have $10,000 balance in your account. You write checks totaling $5,000 and make a deposit of $8,000. What is your disbursement float? 1. 2. Your checkbook shows you have $10,000 balance in your account. You write checks totaling $5,000 and make a deposit of $8,000. What is your collection float? 3. Supposed your checkbook shows you have $10,000 balance $5,000 and make a deposit of $8,000. What is your net float? in your account. You write checks totaling ABREX Corporation extends an unusually long and generous credit terms to its clients of 5/20 et 90. Assume 1 month- 30 days.; 1 year 365days 4. (a) How long is the discount period? (b) What is the cash discount? (c) What is the credit period? on average, based on their historical experience, Abrex Corporation makes u000 a dayar on (D How much in terms of Effective Annual Rate (EAR) will singer lose to a client who made a credit (g) How much in terms of EAR will Mary lose to Abrex if she decided not to take advantage of the (h) If, say, Mary chose not to take the discount because she planned to invest the money elsewhere she credit. What is Abrex's investment in accounts receivable per quarter? purchase for $10,000 and who decided to take advantage of the discount by discount offer? hoped to make a return of40%, would she have made a good or bad decision by not taking advantage paying within 10 days? of the credit? i) How much will Abrex collect in one quarter if all of its clients choose to take advantage of the in.acain $50,000 in daily sales.all on credit? 5. unit price of $50. The supplier offers terms of 2/10, net You place an order for 500 units of inventory at a 45. (a) How long do you have to pay before the account is overdue? (b) If you take the full period, how much should you remit? (c) What is the discount being offered? (d) How quickly must you pay to get the discount? (e) If you take the discount, how much should you remit? (0 If you don't take the discount, how much interest are you paying implicitly (EAR)? (e) How many days' credit are you receiving

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