The present value of a $10,000 perpetuity at an 8% discount rate is: * O $10,000 $9,259 O $108,000 $125,000 ABC Company Limited has inventory of $600, and cost of goods sold of $970. The accounts receivable stands at $890, the total credit sales are $5,760 and the accounts payable is $230. The period is of 365 days. Calculate the Cash Cycle.* O-83.6 days 256.98 days 196.42 days 83.5 days The future value of $500 received today and deposited at 10% for five years is: * O $310.50 $500 $788.65 $805.50 Which of the following statements is most correct? * A decline in the inventory turnover ratio suggests that the firm's liquidity position is improving. Having a high current ratio and a high quick ratio is always a good indication that a firm is managing its liquidity position well. Since ROA measures the firm's effective utilization of assets (without considering how these assets are financed), two firms with the same EBIT must have the same ROA If a firm's interest coverage ratio is relatively high, then this is one indication that the firm should be able to meet its debt obligations.