MULTIPLE CHOICE. Choose the one alternative that BEST completes the statement or answers the question. Explain each choice.

17-Based on following financials:

($ in million)	Three months ended on
	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Mar 31, 2022	Jun 30, 2022
Revenue	2,903	3,929	4,845	6,854	8,073

($ in million)	Fiscal year ended on
	Dec 31, 2021
Revenue	17,455

18-Find firms revenue in the fiscal fourth quarter.

$1,827 million

$5,778 million

$8,681 million

$17,455 million

None of above

19-(Continue) Based on information in Question 18. Find LTMs revenue.

$17,455 million

$23,701 million

$25,600 million

Cant tell

None of above

20-An increase in cost of sales will result in lower gross profit margin.

True

False

21-Net working capital of firm A is $10 million, higher than $9 million of firm B, therefore you can decide that firm A has higher ability to meet long-term obligations, assuming their total assets are the same.

True

False

22-It is always good to have high inventory turnover.

True

False

23-Firm As ROE is increased from 20% to 21%, then you can conclude that its profitability is increased so firm performs better.

True

False

24-Retail investors cannot invest in a hedge fund.

True

False