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D. Once every hour
Answer: A

NEW QUESTION: 2
To create an artifact of a type different from an existing artifact, you extract the artifact by clicking which selections on the toolbar? (Choose two.)
A. Save Selection as New Artifact and Insert
B. Save Selection as New Artifact and Extract
C. Save Selection as New Requirement and Link
D. Save Selection as New Artifact and Link
Answer: A,D

NEW QUESTION: 3
If the average age of inventory is 60 days, the average age of the accounts payable is 30 days, and the average age of accounts receivable is 45 days, the number of days in the cash flow cycle is:
A. 90 days.
B. 75 days.
C. 135 days.
D. 105 days.
Answer: B
Explanation:
The cash flow cycle begins when the entity pays for merchandise it has purchased and ends when the entity receives cash from the sale of the merchandise. Inventory is held for an average of 60 days prior to sale, but the average age of accounts payable is 30 days.
Consequently, the average time between outlay and sale is 30 days. Receivables are collected an average of 45 days after sale, so the length of the cash flow cycle is 75 days (30 + 45).

NEW QUESTION: 4
Bank Muri has $4 million in cash and $5 million in loans coming due tomorrow with an expected default rate of 1%. The proceeds will be deposited overnight. The bank owes $ 9 million on a securities purchase that settles in two days and pays off $8 million in commercial paper in three days that is not expected to renew. On day 2, $1 million in loans is coming in with an expected default rate of 1% and on day 3, $2 million in loans is coming in with expected default rate of 2%. How much should the bank plan to raise in order to avoid liquidity problems?
A. $510 million
B. $508 million
C. $500 million
D. $550 million
Answer: A


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