This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Cash management system objectives include A) maintaining accounts payable balances at zero by ... (Read 94 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jul 10, 2018
Cash management system objectives include
 
  A) maintaining accounts payable balances at zero by early bill payment.
  B) maintaining idle cash balances at doomsday event levels.
  C) maintaining sufficient cash to meet disbursal needs.
  D) All of the above are objectives of the system.

Question 2

Gary has 1,400 to invest with the goal of having 4,000 available to purchase a used car. If he can earn 12 compounded semiannually on his investment, how long will he have to wait to acquire his car?
 
  A) Eighteen years
  B) Nine years
  C) Eighteen months
  D) Nine months
  E) Four years


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

s.meritte

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

B


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Organs of the digestive system. Organs of the digestive system.
Motion of the barycenter of the Solar System relative to the Sun Motion of the barycenter of the Solar System relative to the Sun
A dual turbocharger system installed on a small block Chevrolet V-8 engine. A dual turbocharger system installed on a small block Chevrolet V-8 engine.
A rectangular-shaped fuel rail is used to help dampen fuel system pulsations and noise caused by ... A rectangular-shaped fuel rail is used to help dampen fuel system pulsations and noise caused by ...
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Respiratory system of a bird. Respiratory system of a bird.
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library