In 1997 IBM Supercomputer Deep Blue

question 19

Multiple Choice

In 1997 IBM supercomputer Deep Blue

• A) defeated world chess champion Gary Kasparov in a six-game match.
• B) proved the existence of God.
• C) drove a minivan across the United States.
• D) designed the Pentium chip.
• E) replaced John O'Leary as Chief Financial Officer of IBM.

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Definitions:

365-Day Year

A calendar basis used in various financial calculations, assuming the year consists of exactly 365 days for simplifying interest and other time-sensitive computations.

Temporary Working Capital

The additional working capital needed to support fluctuations in business activity during peak periods.

Short-Term Debt

Liabilities or loan obligations that are due to be paid within a year.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers for goods or services sold on credit.