11 If a company wanted to finance the purchase of equipment without diluting shareholders equity, which of the following operation could it consider? Selling treasury shares Obtaining a loan from a bank Purchasing the equipment with preferred shares ssuing convertible bonds 12 Working capital movement is included in which section of the cash flow statement? Financing activities Investing activities Operating activities Net cash movement 13 The debt to tangible net worth ratio is calculated as follows: Bearing Liabilities/ Interest Equity Intangible Assets) Equity-Intangible Assets) / Interest Bearing Liabilities Equity Interest Bearing Liabilities Interest Bearing Liabilities/Equity 14 If the total assets to equity ratio of a company is increasing, it is possible that: The company is increasing its efficiency in operations The company s incresing the use of debr and getig higher financal leverage The company is decreasing the use of debt and getting lower financial leverage The company is desingitsefficiency in operations 15 Which ratio is not one of the three ratios that multiply together to produce the return on equity ratio? Operating profit margin Financial leverage Total asset turnover Net profit margin