Hi, if someone can help me, i'' appreciate it!! Please be sure you give me the right answers and process, thank you! Q1 -27 Use the following information to answer the following question(s). Delta Inc. is considering the purchase of a new machine which is expected to increase sales by $10,000 in addition to increasing non-depreciation expenses by $3,000 annually. Due to the sales increase, Delta expects its working capital to increase $1,000 during the life of the project. Delta will depreciate the machine using the straight-line method over the project's five year life to a salvage value of zero. The machine's purchase price is $20,000. The firm has a marginal tax rate of 34 percent, and its required rate of return is 12 percent. The machine's initial cash outflow is: Answer A $21,000. B $23,000. C $20,000. D $27,000. Q2- 63 Assume that Zybo, Inc. has sales of $10 million and inventory of $2 million. The corporation utilizes the percent-of-sales method of financial forecasting. If Zybo is expected to generate sales of $14 million next year, what will the firm's investment in inventory be? Answer A $2.8 million B $2.0 million C $1.4 million D None of the above Q3- 72 P. Noel's Inc.'s current ratio is 2. Current liabilities are $500,000. P. Noel's current assets equal ________ and net working capital is ________. Answer A $500,000 and $500,000 B $500,000 and $250,000 C $500,000 and $1,000,000 D $1,000,000 and $500,000 Q4-75 Queen Co.'s balance in accounts receivable is $240,000. Annual credit sales are $2,880,000. Queen's average collection period is: Answer A 30.4 days. B 12 days. C 2.5 days. D There is not enough information. Q5-76 Frosty's Frozen Food Inc.'s inventory balance is $1.22 million. Frosty's Cost of Good's Sold is $30.4 million. It's inventory conversion period: Answer A 24.92 days. B 14.65 days. C 12 days. D 299.2 days. Q6- 77 Currier & Ive's Lithography has a Cost of Goods Sold of $60.8 million. The company's accounts payable balance is $7.5 million. It's accounts payable deferral period is: Answer A 48.7 days. B 45 days. C 81 days. D 8.11 days. Q7- 78 Abbot Corporation has an average collection period of 49 days, an inventory conversion period of 83 days, and a payables deferrable period of 36 days. What is Abbott's cash conversion cycle? Answer A 132 days B 96 days C 85 days D 70 days