True or false

1. EBIT and operating income are the same thing.

2. Return on assets and profit margin are the same thing.

3. Profit margin and return on sales are the same thing.

4. Profitability ratios can be used to analyze liquidity.

5. Liquidity ratios are used to analyze profitabiity.

6. it's logical to conclude that the after tax cost of interest payments will always be less than the after tax cost of dividend payments of the same amount.

7. CDS's are a form of financial insurance against borrowwers defaulting on their loans.

8. Agency theory hypothesizes that markets are efficient.

9. it's safe to say that financial analysts test the quality of assets and earnings.

10. it's logical to conclude that the after tax cost of interest payments will always be less than the after tax cost of dividend payments of the same amount.