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With the internal rate of return method, the required rate of return of an entity is normally:

Select one:

a. 15%

b. the government bond rate.

c. the cost of capital.

d. the current borrowing rate

HK Pty Ltd is planning to purchase equipment costing $45,000. On 17 January, HK Pty Ltd paid a deposit of $25,000. The planned delivery date is 11 April with final settlement on this date. The amount that will appear in the cash budget for the quarter ending 31 March is:

Select one:

a. $0. No cash flows are recorded until settlement date.

b. outflow of $30,000.

c. outflow of $25,000.

d. outflow of $45,000.