4. Which of the following two projects is better taking into account the time value of money? Assume both projects are equally risky and the risk-based required rate of return is 15%. Cash Flows Project Year 1 Year 2 X $10 Y $10 $4.50 $5 A. B. C. D. Y Both are equal in value. None of the above 5. Working capital management does not include the management of A. B. C. D. cash. accounts receivable. fixed assets inventories