Agatha Concrete Company has been offered by its bank to manage its cash at a cost of $25,000 per year. Under the proposed cash management, the firm can reduce the cash required on hand by $300,000. Since the bank is also doing a lot of record keeping, the firm's administrative cost would decrease by $1,000 per month. What recommendation would you give the firm with respect to the proposed cash management assuming the firm's opportunity cost is 6 percent

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?