1. What is the difference between the cash cycle and the operating cycle? Under what condition would they be the same?
2. A company has the opportunity to do any of the projects for which the net cash flows per year are shown below. The company has a cost of capital of 12%. Which should the company do and why? You must use at least two capital budgeting methods. Show your work.
3.Name and describe the three functions of managerial finance. For each, give an example