16. In case of a project that has multiple IRR's: (Points : 3) the analyst should choose the highest rate to compare with the firm's cost of capital. the analyst should choose the lowest rate to compare with the firm's cost of capital the analyst should choose the rate that seems most "reasonable", given the project's cash flows, to compare with the firm's cost of capital. the analyst should compute the project's net present value and accept the project if its NPV is greater than $0

Question 17. 17. The length of the operating cycle for a firm is equal to the length of the (Points : 3)

payables deferral period cash conversion cycle receivables conversion period a plus b

Question 18. 18. The rate of return on fixed assets is normally assumed to be ____ the rate of return on current assets (especially cash and marketable securities). (Points : 3)

less than greater than equal to none of the above