1. Your sister wants to go to grad school 3 years from now, and she can save $5,000 per year, beginning one year from today. She plans to deposit the funds in a mutual fund which you expect to return 8% per year. Under these conditions, how much will she have just after you make the 3rd deposit, 3 years from now?
A. $18,269
B. $19,512
C. $17,041
D. $16,232
E. $20,390
2. The goal of short-term cash flows management is
A) maximization of cash from operations.
B) costs minimization.
C) maximization of components availability.
D) maintain a ratio of current liabilities to current assets of greater than 1.