A couple of questions. One complete paragraph each. No cut and paste.

1. firms should adopt positive NPV projects, and reject negative NPV projects. But what if a project has a $0 NPV? Should they accept the project or reject it? Explain. 2. Why is there a "time value" to money? 3. Note that a calculated ratio value tells us little about a firm unless we compare it to something. That 'something' is usually analysis of ratios from the firm's past (time trend), or ratios from the firm's industry (industry averages). When would we prefer one comparison to the other? 4. it is stated that a higher Current Ratio is better. There are a couple reasons that this is not completely true. What are they