Please answer these questions:

Question $1$:

Which of the following ratios is NOT a leverage ratio?

Question $1$ options:

a$.$ Total Debt$/$Total Assets

b$.$ Debt$-$to$-$Equity Ratio

c$.$ Current Ratio

d$.$ Long Term Debt$/$ Total Capital

Question $2$:

Direct and Indirect Methods for calculating cash flow measure cash from investing and cash from financing exactly the same way

Question $2$ options:

True

False

Question $3$:

Which of the following ratios measures management's ability to convert shareholder equity into profit?

Question $3$ options:

a$.$ Return on Assets $($ROA$)$

b$.$ Net Profit Margin

c$.$ Equity Ratio

d$.$ Return on Equity $($ROE$)$

e$.$ All of these ratios measure management's ability to convert shareholder equity into profit.

Question $4$:

Companies A and B both have positive Net Free Cash Flow in equal dollar amounts. A$\text{'}$s Net Free Cash Flow is driven largely by Cash from Operations while B$\text{'}$s Net Free Cash Flow arises from a combination of Cash from Investing and Cash from Financing. Based on this information, which of the following is the MOST correct or MOST representative answer.

Question $4$ options:

a$.$ A and B both have identical quality of Net Free Cash Flow.

b$.$ A$\text{'}$s Net Free Cash Flow is of higher quality versus B$\text{'}$s Net Free Cash Flow.

c$.$ B$\text{'}$s Net Free Cash Flow is of higher quality versus A$\text{'}$s Net Free Cash Flow.

d$.$ Both A and B are efficient cash generating enterprises and have excellent Net Free Cash Flow positions