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 53 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
:D TYSM

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Organization of the nervous system. Organization of the nervous system.
Procedures and Diagnostic Tests Related to the Urinary System Procedures and Diagnostic Tests Related to the Urinary System
Selected Central Nervous System Neurotransmitters and Their Functions Selected Central Nervous System Neurotransmitters and Their Functions
Example of a Regulatory System Example of a Regulatory System
Internal organs of the female reproductive system within the pelvis Internal organs of the female reproductive system within the pelvis
Neurotransmitters of the Autonomic Nervous System (1 of 2) Neurotransmitters of the Autonomic Nervous System (1 of 2)
Video: Wound Care

For a complete list of videos, visit our video library