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4. A stock had returns of 12%, 16%, 13%, 19%, 15%, and -6% over the last six years. What is the geometric average return on

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4. A stock had returns of 12%, 16%, 13%, 19%, 15%, and -6% over the last six years. What is the geometric average return on the stock for this period? A. 10.90% B. 11.18% C. 11.50% D. 12.13% 5. Why is payback often used as the sole method of analyzing a proposed small project? A. Payback considers the time value of money. B. All relevant cash flows are included in the payback analysis. C. It is the only method where the benefits of the analysis outweigh the costs of that analysis. D. Payback is the most desirable of the various financial methods of analysis. 6. Asia Global Ltd. has sales of $836,000 and cost of goods sold of $601,000. The firm had a beginning inventory of $41,000 and an ending inventory of $47,000. What is the length of the inventory period? A. 19.21 days B. 20.89 days C. 26.72 days D. 30.53 days

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