QUESTION 21 The the lqudt bufe thl tdecodesto nplement wer establishing a ied edthe the credit line efective cost d Words 0 Pah p QUESTION 22 The aggressive financing strategy o is basically a nmaturty matching strateg OHeally reles on shor- tom finds O Uses only longierm funds O lis tasicaly a mauty matching stategy ND Healty reles on shot-te O Is basicaly a maturty matching stadeay AND Uses only longtem fand QUESTION 19 The UNO has ated cost of S25,000.UOaverages a perpetual 1000 checks per moth and has an annual costdcapta d 10% t ACH asbursing will save UNO 30 cents per payment, what is the NPV df the decision to conet to ACH? 0 $20,000 0 $5,000 0 $8,000 O $1000 QUESTION 20 The UiO has a foed cost of $25,000 U10 a rages a perpetual 1000 checks per month and has an atra cost ot capital of 10% ACH stursing wil save UNO 30 cents per payment, whiat s the mnmum number od peymets per mortd n ade uiy te cnt conver to ACH disbursing? 0 694 0 487 0 500 833 QUESTION 17 The ABC Copary pais total inteso2,500 on its ine f redt borowing for the year: ABC pad a $10 comntment te on a aeage borowng of $20,00 for the yar What is ABC's annual eflctive rate of interest? 0 14 95% 01300% o 1050% 012 71% QUESTION 1 The Beoks Compary pad t 0sterthe ear Ais Beke and borowed un aewrage $25,000 ar he Oithe $25 00 verage browings 5 00 muned n ba cmpensczing balance What is the Blook's annual efectve rate of interest? 016 18% 01126% 01550% 12.71% 13.22% QUESTION 15 MNO Inc pad ntatest of 54 00 ola h of credit bo owe gst t the year MN0% a eage ana bo om gs ae$45,000 The bank retans $6,00 as a compensating balance What is the MNO's annusal efecive take d interest? 0833% 01025% 2.50% 15.72% QUESTION 16 Shon-term borowng dife fio spontane source n each ot he lowing ways EXCEPT O short-term bontowing is an ndrect way of gelting ints O shot lem berrwing has an explict cost,including a conmitment le at tine O shor-term borowing must be delberately acquired by the company O short lerm bonowing is a direct way of geting funds QUESTION 13 Guiding pinciples for corporate dastursement system decisions nclude each of the tlowong EXCEPT O information should be accurate and tmely O balances in disbursement accounts should be mimizesd O the value of payment timing should be maumznd n indiidual sevice costs should be minmized QUESTION T4 in the lat 1990s the prinary issu moved whether the dsbursing banks capabilties ncide O contrled disbursement accounts O zero balance accounts O on-ine account access O EDI-capablity QUESTION 21 The the lqudt bufe thl tdecodesto nplement wer establishing a ied edthe the credit line efective cost d Words 0 Pah p QUESTION 22 The aggressive financing strategy o is basically a nmaturty matching strateg OHeally reles on shor- tom finds O Uses only longierm funds O lis tasicaly a mauty matching stategy ND Healty reles on shot-te O Is basicaly a maturty matching stadeay AND Uses only longtem fand QUESTION 19 The UNO has ated cost of S25,000.UOaverages a perpetual 1000 checks per moth and has an annual costdcapta d 10% t ACH asbursing will save UNO 30 cents per payment, what is the NPV df the decision to conet to ACH? 0 $20,000 0 $5,000 0 $8,000 O $1000 QUESTION 20 The UiO has a foed cost of $25,000 U10 a rages a perpetual 1000 checks per month and has an atra cost ot capital of 10% ACH stursing wil save UNO 30 cents per payment, whiat s the mnmum number od peymets per mortd n ade uiy te cnt conver to ACH disbursing? 0 694 0 487 0 500 833 QUESTION 17 The ABC Copary pais total inteso2,500 on its ine f redt borowing for the year: ABC pad a $10 comntment te on a aeage borowng of $20,00 for the yar What is ABC's annual eflctive rate of interest? 0 14 95% 01300% o 1050% 012 71% QUESTION 1 The Beoks Compary pad t 0sterthe ear Ais Beke and borowed un aewrage $25,000 ar he Oithe $25 00 verage browings 5 00 muned n ba cmpensczing balance What is the Blook's annual efectve rate of interest? 016 18% 01126% 01550% 12.71% 13.22% QUESTION 15 MNO Inc pad ntatest of 54 00 ola h of credit bo owe gst t the year MN0% a eage ana bo om gs ae$45,000 The bank retans $6,00 as a compensating balance What is the MNO's annusal efecive take d interest? 0833% 01025% 2.50% 15.72% QUESTION 16 Shon-term borowng dife fio spontane source n each ot he lowing ways EXCEPT O short-term bontowing is an ndrect way of gelting ints O shot lem berrwing has an explict cost,including a conmitment le at tine O shor-term borowing must be delberately acquired by the company O short lerm bonowing is a direct way of geting funds QUESTION 13 Guiding pinciples for corporate dastursement system decisions nclude each of the tlowong EXCEPT O information should be accurate and tmely O balances in disbursement accounts should be mimizesd O the value of payment timing should be maumznd n indiidual sevice costs should be minmized QUESTION T4 in the lat 1990s the prinary issu moved whether the dsbursing banks capabilties ncide O contrled disbursement accounts O zero balance accounts O on-ine account access O EDI-capablity