Which of the following statement is most likely to be true?i$)$ For a given interest rate, the longer the time period, the lower the present value; ii$)$ For a given time period, the higher the interest rate, the smaller the present value.Select one:O a$.$ Both of them are true b$.$ Both of them are false O c$.$ i$)$ is true and ii$)$ is false d$.$ i$)$ is false and il$)$ is trueAssume that net working capital is positive. Whenincrease., a firm's current ratio is most likely toSelect one: a$.$ Inventory is purchased with cash b$.$ A short$-$term bank loan is repaid c$.$ Inventory is sold at cost d$.$ A customer pays off a credit account $($accounts receivables$)$ with cash