Assume that projects alpha and beta are mutually exclusive. the correct investment decision and the best rational for that decision is to:
(a) invest in project alpha since npvbeta < npvalpha.
(b) invest in project beta since irrb > irra.
(c) invest in project beta since npvbeta > 0.
(d) invest in project beta since npvbeta > npvalpha > 0.

Casey communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. this action had no effect on the company's total assets or operating income. which of the following effects would occur as a result of this action? a. the company's current ratio increased.b. the company's times interest earned ratio decreased.c. the company's basic earning power ratio increased.d. the company's equity multiplier increased.e. the company's debt ratio increased.