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The tollowmg arc sonie of the ilisaikactugo of tisc fltSt j \. Ranka in\ citments by the higbest return per one <

B.    Projccts eon havc multipk IRRs

C.    The rcinvcstrocnJ ratę b usualh too high

D Picking nght mutualN exchai\e projects ouig be BW aertiM • eamlierwm#

For cutwcntumal projects Profitabitej uxicx »tfte awrf

A.    Futurę value ofcash flw* to tnvesunem

B.    Presen* valuc of pcrutńc cash tlous »tttseitmcnf

C.    Net peesent value of cash Iłowi *> W

D Pltstnt valnc of cash lVms to IW ..__, -Ucoemdcrnc msesun* ioaocw protect

'„^tm^fC.000.000 and *tU pemK    Ar»

c ^aTthe VPV fet the project ,1 the cm* of capnal •

*»5

{*.€! .600.000 C. €73*.*™

O. «I5>»o

„ ,vxxa AG repncied net aucts of €500 eman. €250, i«r jicuj

jnd —Hninp rrtu.ncii tn the penod of €50 \XXEL AG mumai ii

A.

B. 57.1%

CL 20 0*.

D.71 4^.

. The sostamabic growth raŁr u ojual »

A Retentśon rado • rer^r. on cqinn B Return on cqui:> retendoo rano I C Retom on ossets • retenrien rado

D RcPeniion rano ■ return on cą\ut\ • tcqiiit> net aMCtst    |

,    A ftiic preparrog the pro-Sann* tiruneuii sŁtfcmen:

>et"ccn r.c prv.fi: ind k>*s sLUcmert and “aiunee \ Phmung proces*

B Sccnano anai> «s C /tcratinn process

D.    Financmg aeuviry

12. *Vnen firm ou^s raw rrurcrrjis toc cash [han . A. '.)uilJc rano remair-s the same

B. The Cash Comeruoo C>dc rcmam* the same ■, C. < -snem rano rtmatm the vtme D. Ali uf the abosc an: tnie jl. Consen ju\c net worimg capttai polscy:

A;yidds for less capiui imested m curreor assets

CK ■

tś*HX

B.    yiclds for morę capttai imested in currcnt jssea

C.    tmpuses limits on dńidends O. imprmes lirm‘s pmfituNlity

V