1. A firm has current assets of $36,000, cash of $5,000, current liabilities of $20,000, total assets of $80,000 and total liabilities of $45,000. What is its net working capital?
$16,000
$28,000
$35,000
$44,000
2. The cash cycle measures the days required to produce finished goods or delivered services.
True
False
3. What is the five-year discount factor given a 15% annual discount rate?
0.497
0.750
0.625
0.250
5. Which components should Enterprise Free Cash Flows include?
I. Capital expenditures
II. Financing costs
III. Taxes
IV. Working capital requirements
I and IV
I, II and IV
I , III and IV
I, II, III, IV