9. Your firm has the following balance sh e e t current abtes of $805.000 total assets of $2.655.000 fand and the $1.770 000 and long-termond $200,000. What is the amount of the firm's total current assets? A. $885.000 B. $1,550,000 C. $600,000 3. $325,000 10. (6 pta) Your firm has the followinnholonna ghostament Roma tot current ibides et 5805,000; total assets of $2.655.000 feed and other assets of $1.770.000, and long-term debt of $200,000. What is the amount of the firm's networking capital? A B C $25.000 $325,000 3770,000 $80,000 D. 11. What's the goal of the firm? A. To madme proft B To minimize risks C. To maximize the value of the existing shareholders' equity D. To maximize profit and minimize risks 12. Which legal form of business organization does not currently exist in the Philippines? A Sole proprietorships B. Corporations C. Partnerships D: miled Liability Company 13. Which Finance principle states that a Peso received today is worth more than a Peso received in the future? A. Time value of money B. Principal agent problem C Moral hazard D. Efficient markets 14. Which of the following is one of the use of financial ratios? A. To identify weaknesses and strengths of a company. B. To predict future performance e. To set standards or benchmark. D. All of the above 15. Which of the following is an example of a leverage ratio? A Current Ratio B. Receivables Tumover C Debt to Equity rutia D. Net Proft Ratio 16. The ratio of earnings before interests and taxes to total interest expense is a measure et A Liquidity B. Profitability C. Efficiency in as menagement D. None of the above