A young couple wished to accumulate $35,000 at the end of four years so that they may a down payment on a house. What should their equal end of year deposits to be accumulate the $35,000, assuming a 6% rate of interest? * $6,915 $8,765 $7,718 $8,000 The present value of $800 received at the end of year six, assuming an opportunity cost of 7%, is: * $1,200.80 $747.66 $532.80 $648.76 ABC Company Limited has current assets equal to $4,500,000. The company's current ratio is 1.25, and its quick ratio is 0.75. What is the company's level of inventories? * $1,800,000 $3,600,000 $2,400,000 $800,000