Downtown Bank provides lockbox services. They estimate that you can reduce your average mail time by 1.6 days and your combined clearing and processing time by .5 days by implementing their system. Your firm receives 654 checks a day with an average value of $975 each. The current T-Bill rate is .009 percent per day. Assume a 365-day year. The bank will charge your firm $.17 per check. What is the net present value from installing this system?

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?