Answer:
C. If a project's NPV is less than zero, then its IRR must be less than the WACC.
When firm finances new investments, then set up accounts payable with suppliers, in which the balance that the firm must supply is called the investment in net "<u>Working</u>" capital.
This is because investment in net <u>working</u> capital is when the capital remains when the current liabilities are removed from the current assets.
The net <u>working</u> capital can be any of the cash, accounts receivable, inventory, and short-term investments or a combination of any of these elements.
The net <u>working</u> capital can be used to pay debts or invest in the growth of the company.
Hence, in this case, it is concluded that the correct answer is "Net Working Capital."
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Answer:
A. True
Explanation:
The two most common settings for legitimate non-competition agreements are the sale of a business and an employment relationship. When a non-compete agreement is ancillary to the sale of a business, it is enforceable if reasonable in time, geographic area, and scope of activity.
<span>Fixed budget, in a fixed budgetary control
system, the master budget is based on a single prediction for sales volume or other activity level. The budgeted amount for each cost
essentially assumes that a specific amount of sales will occur. A fixed budget, also called a static budget, is<span> based on a single predicted amount of
sales or other measure of activity.</span></span>