Which one of the following is the "enemy" of compound interest and makes it very difficult to reach your financial goals?
A) Inflation
B) Annuity factor
C) Simple interest
D) Compound frequency
E) None of the above
Answer: A
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Vista Company's has 32 days' payable outstanding based on the current year's cost of goods sold of $11,315. What is Vista's balance in accounts payable?
A. $870 B. $992 C. $950 D. $975 E. $998
If the government expects that a substantial portion of the resources supporting a special revenue fund's activities will no longer be derived from restricted and committed revenue sources, the government should discontinue the use of a special revenue fund and report the fund's remaining resources in the General Fund.
Answer the following statement true (T) or false (F)
As a firm's sales grow, its current assets also tend to increase. For instance, as sales increase, the firm's inventories generally increase, and purchases of inventories result in more accounts payable. Thus, spontaneously generated funds arise from transactions brought on by sales increases.
Answer the following statement true (T) or false (F)
Here are the data for a time-cost CPM scheduling analysis. The time is in days and the costs include both direct and indirect costs. 
If you crash this project to reduce the total time by four days, what is the total time of the project and total cost?
What will be an ideal response?