Part two: True / False (6 marks) Justify all the false responses with no more than two sentences each 1) The daily financial operations of a firm are primarily controlled by managing the capital structure. 2) Purchasing equipment with cash will increase the liquidity of a firm. 3) Increasing the inventory level will decrease the day's sales in inventory, all else constant. 4) All else equal, an increase in the discount rate increases the present value and decreases the future value of an annuity. 5) The NPV and payback period are the two methods of investment analysis generally used the most by CFOs. 6) The relationship between the present value and the time period is best described as direct