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7. Which type of companies are more likely to support higher leverage: A. Companies with high growth opportunities in new industries B. Companies in stable

image text in transcribed 7. Which type of companies are more likely to support higher leverage: A. Companies with high growth opportunities in new industries B. Companies in stable industries with reliable cash flows C. Technology companies D. Cyclical industries (e.g., Steel or Energy) Reason: 8. Which of the following ratios is the best example of a "liquidity" ratio? A. Current ratio B. ROA C. Days Inventory D. DSO E. Net profit margin Reason: 9. True or False : Companies usually include non-GAAP measures in quarterly earnings releases. Reason: 10. True or False : Free Cash Flow (FCF), is a standard calculation and defined as Cash from operations minus debt repayments Reason

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