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1. Which of the following common ratios measures leverage? Current ratio Times interest earned Receivables turnover None of the above 2. Selecting investment projects according
1.
Which of the following common ratios measures leverage?
Current ratio
Times interest earned
Receivables turnover
None of the above
2.
Selecting investment projects according to rules based either on project NPV or IRR results in maximizing firm value.
True
False
3.
Selecting investment projects according to rules based either on project NPV or IRR results in maximizing firm value.
True
False
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