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NEW QUESTION: 1
Which two forms of abstraction can a programmer use in Java?
A. primitive wrappers
B. abstract classes
C. interfaces
D. primitives
E. enums
F. concrete classes
Answer: B,C
Explanation:
* When To Use Interfaces
An interface allows somebody to start from scratch to implement your interface or implement your interface in some other code whose original or primary purpose was quite different from your interface. To them, your interface is only incidental, something that have to add on to the their code to be able to use your package. The disadvantage is every method in the interface must be public. You might not want to expose everything.
*When To Use Abstract classes An abstract class, in contrast, provides more structure. It usually defines some default
implementations and provides some tools useful for a full implementation. The catch is, code using it must use your class as the base. That may be highly inconvenient if the other programmers wanting to use your package have already developed their own class hierarchy independently. In Java, a class can inherit from only one base class.
*When to Use Both You can offer the best of both worlds, an interface and an abstract class. Implementors can ignore your abstract class if they choose. The only drawback of doing that is calling methods via their interface name is slightly slower than calling them via their abstract class name.
Reference: http://mindprod.com/jgloss/interfacevsabstract.html

NEW QUESTION: 2
The sales manager at Ryan Company feels confident that if the credit policy at Ryan's was changed,
sales would increase and, consequently, the company would utilize excess capacity. The two credit
proposals being considered are as follows:

Currently, payment terms are net 30. The proposal payment terms for Proposal A and Proposal B are net
4 5 and net 90, respectively. An analysis to compare these two proposals for the change in credit policy
would include all of the following factors, except the:
A. Cost of funds for Ryan.
B. Impact on the current customer base of extending terms to only certain customers.
C. Current bad debt experience.
D. Bank loan covenants on days sales outstanding.
Answer: C
Explanation:
Choice "b" is correct. Because the bad debt percentage is the same under either of the two proposals,
there is no differential cost associated with bad debt. Because it is not a differential cost, it is not
considered in comparing the two alternatives. Choice "a" is incorrect. Because Proposal A and B have
different net collection dates, Proposal B will cause a greater amount of accounts receivable with a
corresponding increase in working capital. The cost to fund this will be greater for Proposal B, so this is a
legitimate concern. Choice "c" is incorrect. Customers may feel they should be given the extended terms.
If this is granted, the additional working capital need will be even greater. Choice "d" is incorrect. Banks
may require that days sales outstanding cannot exceed a certain number of days. If so, it will be harder to
meet this covenant with Proposal B.

NEW QUESTION: 3

A. Option B
B. Option A
C. Option D
D. Option C
Answer: A