几道英文初级金融题目.

几道英文初级金融题目.
1.Which of the following ratios appears on acommon-size balance sheet?
I.Debt to asset ratio
II.Net working capital to total assets
III.Net profit margin
a.I ,II,III
b.I only
c.I and III
d.III only
2.Grandma's Applesauce,Inc.has a 0.60probability of a good year with operating cash flow of $50,000; and 0.40probability of a bad year with operating cash flow of $30,000.The company hasa debt of $35,000 with 8 percent interest due next year.Assuming the companyhas no means of servicing its debt other thanoperations,and a 0% tax rate,which of the following is true?
a.Shareholders expected claim is $12,200
b.Creditors expected claim is $37,800
c.Creditors expected claim is $34,680
d.None of the above
3.Share repurchases and dividend payouts aremost likely to differ in their
a.effects on a firm'scapital structure
b.effects on corporate taxes
c.effects on corporate cash flow
d.effects on shareholders' personal taxes
4.判断是非.The higher the opportunity cost of capitalthe higher the NPV.
True OR False
5.The cost of capital for anall-equity-financed company that pays no dividends is zero.
True OR False