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14. A project you are evaluating has a net present value of $75,666. outlay is $162.224, what is its profitability index? a. 1.31 b. 1.47

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14. A project you are evaluating has a net present value of $75,666. outlay is $162.224, what is its profitability index? a. 1.31 b. 1.47 c. 1.53 d. 1.62 15. Which of the following forms of business organization has the greatest ability to attract new capital? a. sole proprietorship b. general partnership c. limited partnership d. on 16. A popular strategy for managing working capital is the hedging principle, whereby im assets are financed by short-term financing and long-term assets are financed by long-term financing. A manager following this principle should seek to the company's aMinimize; cash conversion cycle b. Minimize; days of payables outstanding c. Maximize; days of sales outstanding d. Maximize; days of sales in inventory 17. Mayuri is saving up for a new microwave. If she needs $261 in 7 months, how much money must she put in her savings account today? Assume that the savings account pays 5% and is compounded monthly. a. $257.74 b. $253.51 c. $249.44 d. $238.50 18. The five basic principles of finance include all of the following except: a. Cash flow is what matters. Money has a time value. Incremental profits determine value. Risk requires a reward

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