Which of the following allows a public firm to quickly issue equity? (1) x Selected Answer: Private placement Answers: IPO SEO Private placement Shelf registration Question 22 By saving money in a savings account, how will an individual be able to earn a return? (1) Selected Answer: By earning only a capital gain return Answers: By earning only an income return By earning only a capital gain return By earning both a capital gain return and an income return estion 35 The value of any asset is its L. (2) X Selected Answer: Historical market price Answers: Historical book value Historical market price Current market price Future value of future cash flows Present value of future cash flows Question 36 (2) A balance sheet essentially shows X Selected Answer: All of the above Answers: What a firm has recorded in revenue and expenses What a firm has recorded in cash inflows and cash outflows What a firm owe, owns, and its net worth All of the above None of the above