Because most of the cash flows in a lease-vs-buy analysis involve little uncertainty, the discount rate to determine the present value of costs. is typically used as the Select one: a. after-tax cost of debt b. cost of equity C. cost of capital d. before-tax cost of debt If a potential leasing situation constitutes a zero sum game, the lease occur because Select one: a. will not; if there is a positive NAL to the lessee, the NPV of the leasing project will be negative to the lesson b. will; if there is a positive NAL to the lessee, the NPV of the leasing project will also be positive for the lessor c. None of these are correct. d. will not; NAL to the lessee will always be greater than the NPV of the leasing project for the lessor This is the average time between when a company receives raw materials from its suppliers and when it completes a finished good and makes a sale. Select one: a. Cash conversion cycle b. Inventory conversion period c. Receivables collection period d. Payables deferral period