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Afirm's after opera w m's after operating income was $1.500.000 in 2016. It started the car with tota al ors.000.000 and raised an additional si

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Afirm's after opera w m's after operating income was $1.500.000 in 2016. It started the car with tota al ors.000.000 and raised an additional si million of capital during the year. The o nal capital raised during 2016 only started to affect the operating income in 2017 Ich value best represents the retum on capital for 2016? A 12.596 B 18.7596 C. 11.196 D. 10.09. 10. When will ROF equal ROC? A. Whenever the firm has equal debt and equity financing B. Whenever the firm has no debt C. Whenever the value of the firm's assets exceeds the value of its equity D. ROE will never equal ROC 1. You purchase a share of ABC stock for $90. One year later, after receiving a dividend of $4, you sell the stock for $97. What was your holding-period return? A. 14.44% B. 12.22% C. 13.33% D. 5.56% 12. A car's price is currently $20,000 and is expected to rise by 4% a year. If the interest rate is 6%, how much do you need to put aside today to buy the car one year from now? A. $18,182 B. $19,231 C. $19,623 D. $4,080.08 13. What will be the approximate population of the United States, if its current population of 300 million grows at a compound rate of 2% annually for 25 years? A. 413 million B. 430 million C. 488 million D. 492 million

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