Kindly assist, subject matter is for Financial Management (FMA101).

Example: If you believe that for sub-question 1.11 option C is correct, then write down: 1.11. C. 1.1. Why are finance costs excluded when preparing a cash budget using the operating cash flow? A. Finance cost is an external forecast item and, therefore, not used. B. Finance cost is not a cash-flow item. C. The objective of a cash budget is to measure the firm's operations and not how they are financed. 1.2. Who are the beneficiaries of a firm's available free cash flow (FCF) after the firm has met all its operating needs? A. The directors B. The investors C. The employees 1.3. At what cost are the different sources of capital always valued when calculating the weighted average cost of capital (WACC)? A. The market value cost B. The book value cost C. The target value cost 1.4. What do firms wish to determine when using break-even analysis? A. The extent of leverage in their capital structures B. Their level of operations necessary to cover all cost C. Their profitability