Which of the following variables are included in the

40. Which of the following variables are included in the BAT
model?
41. The BAT model is used to: -B. determine the optimal cash
42. The Miller-Orr model assumes that: -E. the cash balance
43. The Miller-Orr model: -E. advocates investing an amount
45. The Hobby Shop has a checking account with a ledger
balance of $692. -C. $846
46. On an average day, Plastics Enterprises writes 42 checks
with an average amount of $587. -D. $49,308
47. On average, your firm receives 62 checks a day from
customers. -C. $3,710.70
48. When Chris balanced her business checkbook, she had
an adjusted bank balance of $11,418. -B. $1,758
49. Your company has an available balance of $7,911. -A. net
collection float of $1,180
50. A firm has $16,718 in outstanding checks that have not
cleared the bank. -D. net disbursement float of $3,268
51. Your firm generally receives 4 checks a month. -A.
$1,070
52. Hoyes Lumber generally receives 3 checks a month. -A.
$1,386.67
53. The Blue Star generally receives only 3 checks a month.
-B. $1,456.67
54. The Food Wholesaler generally receives 4 checks a
month. -C. $22,236.67
55. Hot Tub Builders sells to three retail outlets. -B.
$8,190.00
56. Atlas Builders deals strictly with five customers. -A.
$1,143.33
57. National Exporters deals strictly with two customers. -C.
$5,306.67
58. Cross Country Trucking provides transportation services
exclusively for four customers. -C. 2.46 days
59. High Brow Express deals strictly with two customers. -E.
2.16 days
60. The Metallurgical Specialty Co. deals strictly with four
customers. -E. 2.23 days
61. On an average day, Goose Down Feathers receives
$2,400 in checks from customers. -D. $4,080.00
62. On an average day, Town Center Hardware receives
$2,420 in checks from customers.-E. $5,082.00
63. On an average day, your firm receives $11,800 in checks
from customers. -B. $3.72
64. On an average day, Wilson & Wilson receives $7,800 in
checks from customers. -B. $2.92
65. Your average customer is located 4.3 mailing days away
from your firm. E. 8.0 days
66. It takes your firm 4.5 days to prepare and mail out all the
monthly statements to your customers. ---A. 1.7 days
67. Currently, your firm requires 2 days to process the
checks which customers mail in to pay for their credit
purchases. -C. 4.25 days
68. You are considering implementing a lockbox system for
your firm. -D. $5.32
69. Roger's Distributors receives an average of 216 checks a
day. -E. $22.42
70. Hand Tools, Inc. receives an average of 611 checks a day.
-C. $168.03
71. You are considering implementing a lockbox system for
your firm. The system is expected to reduce the average
collection time by 1.3 days-D. $29.92
72. You are considering implementing a lockbox system for
your firm. -D. $4,181,483
73. Rosewell International receives an average of 268 checks
a day-C. $26,264
74. The Eliot Co. needs $185,000 a week to pay bills. D.
$128,224
75. Theo's Bar & Grill needs $147,000 a week to pay bills. C.