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1. Mary Cooper, Sheldon's mother, who lives in east Texas, wants to help pay her grandchilds education. How long will it take Mary to reach her goal of $200,000 if she invests $10,000 per year, earning 6 percent?

2. What claims against assets, on the right side of the balance sheet, are not included in determining the weighted average cost of capital?

3. The only capital investment required for a small project is investment in inventory. The operating cash flow this year was $9,000, and inventory increased from $5,500 to $8,000. What was the cash flow from the project?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92865258

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