5. Why is payback often used as the sole method of analyzing a proposed small project? A. Payback considers the time value of money. B. All relevant cash flows are included in the payback analysis. C. It is the only method where the benefits of the analysis outweigh the costs of that analysis. D. Payback is the most desirable of the various financial methods of analysis. 6. Asia Global Ltd. has sales of $836,000 and cost of goods sold of $601,000. The firm had a beginning inventory of $41,000 and an ending inventory of $47,000. What is the length of the inventory period? A. 19.21 days B. 20.89 days C. 26.72 days D. 30.53 days Page 3 of 7 7. Grand Beauty Ltd. has an inventory turnover rate of 14, a payables turnover rate of 8, and a receivables turnover rate of 19. How long is the firm's operating cycle? A. 45.06 days B. 45.28 days C. 45.63 days D. 53.13 days