31) What is it called when you identify an investment opportunity which is worth more to the business than it costs to acquire? a) Return on investment b) Capital budgeting c) Working capital management d) Sole proprietorship e) Double taxation 32) Who is a stakeholder in a company? a) Creditor b) Stockholder c) Customer d) Supplier e) All of the above 33) Name a profitability ratio: a) ROA b) Inventory Turnover c) P/E d) P/BV e) All of the above 34) What does the phrase "future value" mean? a) Interest is earned on both initial principal and interest reinvested from prior periods. b) Interest is only earned on principal investment c) The current value of future cash flows discounted at the appropriate interest rate. d) Amount that money grows over a period of time at a given interest rate. e) All of the above. 35) Keith Hernandez gave you a savings bond for graduation with a face value of $100. The bond matures in one year and yields 10% per annum. What did Keith pay for your graduation gift? a) $100.00 b) $110.00 c) $121.10 d) $99.45 e) $90.90