18) Some time ago, Richard purchased five acres of land costing $123,400. Today, that land is valued at $189,700. How long has he owned this land if the price of land has been increasing at 5.5% per year? A 6.01 years B. 6.98 years C. 7.42 years D. 8.03 years E. 8.67 years 19) The process of planning and managing a firm's day to day assets and liabilities is called: A. Capital structure B. Agency cost analysis C. Capital budgeting D. Working capital management E. Financial depreciation. I 20) The process of planning and managing a firm's long term investments is called: A Capital structure B. Agency cost analysis C. Capital budgeting D. Working capital management E. Financial depreciation