Which of the following is used to manage a firm's cash disbursements?
A) lockbox system B) zero balance accounts
C) bankers' acceptances D) repurchase agreements
Question 2
What is the future value of 16.54 after two years if these funds can be invested to earn 5.5, compounded annually?
A) 18.24
B) 18.36
C) 18.58
D) 18.50
E) 18.41