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Working capital to support the demands of a new project must be funded with cash

ID: 2769885 • Letter: W

Question

Working capital to support the demands of a new project must be funded with cash. The assets primarily associated with such working capital requirements include:

inventory and accounts receivable

machinery and equipment

land and buildings

all of these

To be accepted, projects that are unusually risky should have to earn Internal Rates of Return that are ____ those earned by a firm’s typical projects.

higher than

lower than

equal to

similar to

For the purpose of calculating the cost of capital for a corporation, the capital components are

long term debt, common stock and preferred stock

long-term debt and common stock

debt and preferred stock

long-term and short-term debt

A.

inventory and accounts receivable

B.

machinery and equipment

C.

land and buildings

D.

all of these

Explanation / Answer

Working capital to support the demands of a new project must be funded with cash. The assets primarily associated with such working capital requirements include:

Answer: B. machinery and equipment

To be accepted, projects that are unusually risky should have to earn Internal Rates of Return that are ____ those earned by a firm’s typical projects.

Answer: A. higher than

For the purpose of calculating the cost of capital for a corporation, the capital components are

Answer: A. long term debt, common stock and preferred stock

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