Normal Heading 1 Hear No Spacing , 7. A firm's short-term assets and its short-term liabilities are referred to as the firm's: a. Working Capital b. Debt C. Investment Capital d. Capital Structure 8. Addico Corp's 2005 earnings per share were $2, and its growth rate during the prior 5 years was 11.0% per year. If that growth rate were maintained, how long would it take for Addico's EPS to double? Answer 9. A business owned by a solitary individual who has unlimited liability for the firm's debt is called a: a. Corporation. b. Sole proprietorship. c. General partnership. d. Limited liability company. 10.A firm invests $200,000 in machinery at time that yields net after-tax cash flows of $20,000 at the end of each year (1, 2, 3, ...) in perpetuity. The opportunity cost of capital is 12.5% per annum. What is the net present value of the project? a $40,000 b. -$20,000 a $20,000 d. $40,000