help these are multiple choice

20. When a firm employs no debt: a. It has a financial leverage of one b. It has financial leverage of zero C. Its operating leverage is equal to its financial leverage d. It will not be prifitable e. None of the above. 21. Under normal conditions, with 60% probability, financing Plan A produces a return $35,000 higher than Plan B; under tight money conditions, with 45% probability, Plan A produces a return of $40,000 less than Plan B. What is the expected value of returns? Please show your calculation 22. What business risk do leverage firms in cyclical industries face? a. The risk of being stricken by lightning b. The risk of not being able to pay its fixed obligations C. The risk of high profit margin d. The probability of high assets turnover e. None of the above. 23. At the break-even point, a firm's profits are: a. Greater than zero b. Less than zero C. Equal to zero d. Greater than 75 e. None of the above. 24. Which of the following yield curve will be a characteristic during a period of economic growth? a. Horizontal Curve b. Upward Sloping Curve c. Downward sloping curve d. Humped Curve e. None of the above