8. (Continue) Based on information in Question 7. Find LTM's revenue. A. $17,455 million B. $23,701 million C. $25,600 million D. Can't tell E. None of above 9. Which of the following statement is incorrect? A. One advantage of corporation is unlimited liabilities. B. Hurdle rate is the maximum acceptable return of a project C. Agency cost is the cost incurred for setting up an agency D. Both A and B. E. All the above. 10. Use of cash most likely reflect changes in which of the firm's balance sheet? A. Current assets and current liabilities. B. Noncurrent assets. C. Noncurrent liabilities and equity. D. All the above. E. None of the above. 11. A company has the following sequence of events regarding its stock: - The company had 1,000,000 shares outstanding at the beginning of the year. - On June 30, the company sold 400,000 shares of common stock. - On September 30, the company bought back 200,000 shares of common stock. Assuming the stock price on September 30 was \$1. Find market capitalization on September 30 . A. $1,000,000 B. $1,400,000 C. $400,000 D. $600,000 E. None of above