1.Which of the following factors need to be considered when assessing the impact of financial decisions?

Select one:

a. Timing of cash flows

b. Financial market condition

c. Riskiness of the firm

d. All of the above

2.Debt ratios tend to deal with matters concerning

Select one:

a. The amount of retained earnings left at the end of the period in question

b. The speed with which various accounts are converted into cash inflows or outflows

c. The use of other peoples money to finance assets owned by the stockholders

d. A firms ability to pay short-term liabilities

3.A low profit margin can indicate ineffective pricing strategy of the firm

Select one:

a. True

b. False