91. The addition of all current assets investment is known as...

a. Net Working Capital

b. Gross Working capital

c. Temporary Working Capital

d. All of these

92. When total current assets exceeds total current liabilities it refers to.

a. Gross Working Capital

b. Temporary Working Capital

c. Both a and b

d. Net Working Capital

93. If the weighting of equity in total capital is 1/3, that of debt is 2/3, the return on equity is 15% that of debt is 10% and the corporate tax rate is 32%, what is the Weighted Average Cost of Capital (WACC)?

a) 10.533%

b) 7.533%

c) 9.533%

d) 11.350%