which of the following statement is correct;

a) in 2013 ABC has higher liquidity risk than industry average.

b) in 2013 ABC is managing it's total assets more efficiency than compititiors in the same industry.

c) ABC debt ratio is lower than the industry average which indicate that ABC is doing better than other compititors in managing it's debt.

d) is none of the above.

which of the following statement is false;

a) in calculating the WACC we use marginal cost instead of historical cost.

b) when estimating the cost of debt don't use the coupon rate on exciting debt, which represent the cost of past debt, instead we should use the current interest rate on new debt.

c) account payable, accruals, and deferred tax are not sources of funding that comes from inventories so they are not included in the calculation of WACC

d) none of the above.