[Answered] Which of the following is used to manage a firm's cash disbursements? A) lockbox system B) zero ...

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justinmsk

Hero Member
Posts: 524

on: Jul 10, 2018

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

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Marked as best answer by a Subject Expert

amandalm

Sr. Member
Posts: 306

Reply #1 on: Jul 10, 2018

Answer to Question 1

B

Answer to Question 2

E

justinmsk

Member
Posts: 524

Reply 2 on: Jul 10, 2018

Excellent

Animal_Goddess

Member
Posts: 339

Reply 3 on: Yesterday

Gracias!

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