1. When a firm decides to conduct public issuance of new shares, it needs to prepare prospectus and register with the regulator. A question requiring a 'True/False' answer.(Required) O True O False 2. Regarding the private placement, which of the followings are true? A multiple-choice question with several possible answers.(Required) 1.0 A prospectus is required 2.0 It is relatively fast and less expensive compared to public issuance 3. O Need to register with the regulator 4.0 A firm conducting a private placement can raise money from individual investors (Non- Accredited Investors) 5. O Companies directly issue securities to a limited number of investors. 3. For Japanese firms listed in Tokyo Stock Exchange, the dominant external financing source is equity issuance. A question requiring a 'True/False' answer.(Required) True False 4. At the fiscal year end, Firm A' operating cash flow is 2000, capital expenditure is 1000, net working capital increases by 500, the free cash flow is (Required) 5. Net working capital =Current liabilities minus Current assets A question requiring a 'True/False' answer.(Required) O True O False 6. The change in net working capital is usually positive for a growing firm. A question requiring a 'True/False' answer. (Required) True False 7. Free cash flow represents the cash available for the company to repay creditors or pay dividends to shareholders. A question requiring a 'True/False' answer.(Required) True False 8. In a right offering, new shares must be offered to institutional investors. A question requiring a 'True/False' answer. (Required) O True O False 9. Which of followings are internal financing sources? A multiple-choice question with several possible answers.(Required) 1.0 Depreciation and amortization 2. 0 Common stock issuance 3. Retained earnings 4. O Bank loan 5. O Bond issuance 10. Net income is the income before interest payments to creditor. A question requiring a 'True/False' answer.(Required) O True O False 11. Depreciation is a non-cash accounting expense that doesn't involve cash flow. A question requiring a 'True/False' answer.(Required) O True O False