please answer the following

For each of the statements below, write T (True) or F (False) in the answer booklet next to the question number. For the statement which you believe is false, provide reasons why. (i) (ii) (iii) (1V) (vi) (vii) A rm has positive residual operating income (ROPI) in period I when its forecasted NOPAT in period it exceeds the expected amount computed as net operating assets at the start of period tmultiplied by the cost of equity capital. In a leveraged rm, the W' required return in period t is equal to the net operating assets at the start of period t multiplied by the cost of equity capital. The Price-to-NOA (PNOA) multiple is greater than 1 if the forecasted residual operating income (ROPI) in future years are positive. When a rm's residual income (RI) is constant over the horizon period starting in period t then grows at a constant rate g in the terminal period, its equity value at the start of period t can be computed as the earnings (i.e., net prot after tax) in period 3+1 multiplied by a PE multiple that is equal to 1 divided by the cost of equity capital. Valuing a rm using valuation multiples is based on rigorous theoretical underpinnings whereas the use of the discounted cash ow (DCF) and residual operating income (ROPI) models are driven by their intuitive appeal. You could arrive at a target company's equity value by multiplying the target company's earnings (i.e., net prot aer tax) by the average of the comparable companies' PE multiple, where P is each comparable company's rm value and E is each comparable company's net operating prot after tax (N OPAT). A company's share price is not to be used as a summary performance measure when using market multiples to determine value. (viii) Growth in the book value of equity should not be considered when choosing (1X) (K) comparable companies and using book value of equity as the Summary performance measure. If an analyst uses a balance sheet multiple, then the value obtained is the value of the entire rm (enterprise). When residual income (R1) is constant, you can forecast next year's earnings as (i) this year's earnings plus (ii) the cost of equity timGS this year's retained earnings