1.. 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

2.. 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.

3.. 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