(Points: 4) XYZ Inc. is considering additional production facilities and expects inventory to
increase by $6 million, accounts receivable by $4 million, and accounts payable by $5 million. If
other working capital accounts stay the same, what is the...
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(Points: 4) XYZ Inc. is considering additional production facilities and expects inventory to
increase by $6 million, accounts receivable by $4 million, and accounts payable by $5 million. If
other working capital accounts stay the same, what is the incremental cash flow associated with
this initial net working capital investment?
a. -$ 10 million
b. $ 10 million
c. -$ 1 million
d. -$ 5 million
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3.
(Points: 4) Suppose you bought a new car with a 5 year loan that requires monthly payments.
The amount borrowed is $25,000. The monthly payment is $471.78. What is the annual
percentage interest rate (APR) on this loan?
a. 5%
b. 8%
c. 6%
d. 4%
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4.
(Points: 4) Heather has a 30-year mortgage loan. She borrowed $350,000 and this amortized
loan has monthly payments. The annual interest rate is 5%. How much of her first month’s
payment goes toward interest?
a. $1,878.88
b. $1,687.50
c. $1,458.33
d. $420.54
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5.
(Points: 4) Suppose Bigfoo
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