1. Which of the following changes in working capital is least likely if sales are expected to declines?

A decrease in accounts payable

cannot be determined

An increase in accounts receivable

An increase in inventories

2. A project is expected to increase inventory by $20,000. increase accounts payable by $12,000 and increase accounts receivable by $1,000. What is the projects cash flow from net working capital?

$-8,000

$6,000

$-9,000

$8,000

3. The wider the disperison of returns on a stock, the______the standard deviation, the _________the variance, the________the______risk

higher, higher , higher, business

lower, lower, higher, market

higher, higher, higher, total

none of the above