QUESTION 1

In a leasing, all of these are correct, EXCEPT.

The lesser use the underlying asset

Purchase option allow the lessor to purchase the asset

The lessor retains ownership of the asset

The lesser makes regular payments to the lessor

QUESTION 2

An advantage of term loans over publicy traded debt is theirs.

Durability

Flexibility

Accountability

Risk

QUESTION 3

A bond that grants the investor the right to exchange their bonds for common stock, is called a

zero-coupon bond.

Treasury bond.

Convertible bond.

mortgage bond.

QUESTION 4

Three of the more important popular measures of growth are all of these, EXCEPT.

Operation expenses

ROI

EVA

Growth of sales or assets

QUESTION 5

Forecasts to project into the future the income statement and balance sheet are called:

Pro-forma financial statements

Budgets projections

Sales forecasts

Cash flow forecast