1. In the United States the rules governing corporate reorganizations are detailed in the following part of the bankruptcy law:

a. Chapter 13 b. Chapter 11 c. Chapter 9 d. Chapter 7

2. Which of the following is not a driver of economic failure?

a. Revenues less than costs. b. Return on investment below costs of capital. c. Profitability below expected levels. d. ability to mitigate risks

3. Which of the following is not a common reason cited for selling off prior acquisitions?

a. poor fit b. poor performance c. cash flow needs d. tax savings e. reverse synergy

4. Examples of the types of institutions that become limited partners in private equity funds exclude:

a. Insurance companies. b.Endowments. c.Commercial banks.

5. Which of the following is not a desirable financial characteristic of targets?

a. Rapidly growing cash flows and earnings. b. Low P/E ratios. c. Stronger pursuit of green energy than economic profit.

6. If Year 6's projected free cash is $2 million, discount rate is 15%, growth rate is 5%, then the capitalized future free cash flows beyond Year 5 will be

a. 20,000,000 b. 100,000,000 c. 10,000,000 d. 150,000,000