Cash management system objectives include A) maintaining ...

[yoooooman]

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

[s.meritte]

Answer to Question 1

C

Answer to Question 2

B

[yoooooman]

TYSM

[robbielu01]

Thanks for the timely response, appreciate it