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6. Which of the following is not a part of a company's working capital? a. Cash b. Accumulated depreciation d. Finished goods inventory 7. The

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6. Which of the following is not a part of a company's working capital? a. Cash b. Accumulated depreciation d. Finished goods inventory 7. The hedging principle involves a. matching long-term assets with long term financing b. matching temporary assets with short-term financing C. matching temporary assets with short-term assets d. matching short-term assets with short-term financing 8. The dividend policy followed by most companies is the a. residual policy b. constant payout ratio c, small regular dividend plus extras d. stable dollar dividend 9. The cash flow which is associated with the beginning of a project is the a. book value b. net cash benefit c. initial investment d. change in depreciation 10. The capital budgeting technique which should be used in ranking projects is a. Net Present Value b. Internal Rate of Return C. Profitability Index d. Capital Rationing 11. Which of the following decisions is not made by a company's Board of D with respect to the payment of dividends? a. Setting the ex-dividend date b. Setting the payment date. C. Determining the size of the dividend. d. Determining whether to pay a dividend

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