6) If the present value of cash flows greater than initial investment, so we shall a) Accept the project b) Reject the project c) Need more information d) None of the above

7) In the cash flow, it is better for the company to have from operating activity: a) Positive cash flow b) Negative Cash flow c) It doesnt differ d) None of the above

8) The financial ratio that measure the management efficiency a) Return on equity b) The current ratio c) The debt to equity d) Return on Assets

9) The country risk premium will increase if a) The economic position of the country stable b) The economic position of the country unstable c) From one year to another d) If the political status become stable

10) The first step to obtain make budgeted financial statement a) Determine expected distributed dividends b) Determine expected purchase of raw material c) Determine expected sales revenue d) Determine expected organization structure