d. Time and this would be needed to recover initial investment is called a) Accounting rate of retu b) Payback Period: c) Net Present Value d) Internal Rate of Retum 7. The amounts that are due to the suppliers of goods and services are called a) Accounts Payable b) Accounts Receivable c) Tax payable d) Equity 8. London interbank offered rate is given as interest on which of the following financial instrument? a) Commercial Deposits b) Eurodollar CD c) Commercial Papers d) Treasury bills 9. Accounts Receivable is listed on a balance sheet as a) Current asset b) Current liability c) Non-current liability d) Non-current asset 10. The rate at which the Net Present Value equals to Zero is called a) Net Present Value b) Internal Rate of Return c) Payback Period d) Accounting rate of return 11. Which of the following statements is incorrect about Net Present Value (NPV)? a) Accept the project if NPV > 0 b) Reject the project if NPV > 0 c) Accept or Reject the project if NPV = 0 d) All of the above 31 Page