Templeton Engineering plans to invest in a project in Singapore. The project requires an initial investment of SGD 602.000 and is expected to produce cash inflows of SGD220,000 a year for four years. The risk-free rate in Singapore is 260 percent and the risk-free rate in the US, is 2.10 percent. The current spot rate is SGD1 - USD.72. The company's required return on US dollar investment of this type is 9.45%. What is tho not present value of this project in U.S. dollars? $68,697 O $80,217 $91,737 $103,257 $114.777 Vanguard Company has an inventory tumover rate of 7 20. a receivables turnover rate of 7.70, and a payables turnover rate of 12 40. How long, in days is the operating cycle? 103.06 100.58 98.10 95.62 93.14