Question 4 of 30 1.0 Points Profit maximization as the goal of the firm is not ideal because ________. A. profits are only accounting measures B. cash flows are more representative of financial strength C. profit maximization does not consider risk D. profits today are less desirable than profits earned in future years Reset Selection Question 5 of 30 1.0 Points Company TTT is financed 60% through equity and 40% through debt. The shareholders required return is 15%. Debt providers require an annual interest payment of 20% before tax. The current tax rate is 40%. The market value of equity equals R600 000 and that of debt R400 000. What is the weighted average cost of capital (WACC) for company TTT? A. 1.5% B. 20% C. 25.5% D. 13.8% E. 14.75% Reset Selection Question 6 of 30 1.0 Points To pay for her college education, Gina is saving R2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year? A. R16,000 B. R17,920 C. R24,600 D. R27,552 Reset Selection