these are the answers, i am not sure what formulase to use to find these answers.

1. A board of directors is elected as a representative of the corporation's: a) top management. b) stakeholders. C) shareholders. d) customers. 2. Calculate the EBIT for a firm with S4 million total revenues, $3.5 million cost of goods sold. $500,000 depreciation expense, and $120,000 interest expense. a) $500,000 b) $380.000 SO d) ($120,000) 3. How much should you pay for a $1,000 bond with 10% coupon, annual payments, and five years to maturity if the discount rate is 12%? $ 927.90 b) $ 981.40 c) $1,000.00 d) $1,075.82 4. When a project's internal rate of return equals its opportunity cost of capital, then: a) the project should be rejected. b) the project has no cash inflows. the net present value will be positive. d) the net present value will be zero. 5. Which of the following is not subtracted from sales revenues to determine EBIT? a) Depreciation b) Fixed costs Interest expense d) Variable costs 6. If a stock is purchased for $25 per share and held one year, during which time a $3.50 dividend is paid and the price climbs to $28.25, the nominal rate of return is: a) 13.00% b) 14.00% c) 23.01% d) 27.00% 2