Which of the following is true about financial leases?
Doğru Cevap!
Yanlış Cevap!
Doğru Cevap: B) The lessee has the sole responsibility to make all payments.
... refers to the process of evaluating and selecting long-term investments which are consistent with the firm’s main objective of maximizing shareholders’ wealth. Which one of the following completes the sentence?
Doğru Cevap: C) Capital expenditure
Which of the following is not among the ways that a project finance creates value?
Doğru Cevap: A) decreasing the leverage ratios
Implementing and monitoring the investment projects selected Identifying potential investments Analyzing the set of investment opportunities, isolating those that will create shareholder value, and prioritizing them if necessary In which of the following are the basic steps of capital budgeting activity ordered correctly?
Doğru Cevap: D) 2-3-1
How do you determine the optimal capital structure?
Doğru Cevap: E) The optimal capital structure is estimated by calculating the mix of debt and equity and free cash flows are capitalized at the calculated WACC to determine the firm value.
What is meant by agency theory?
Doğru Cevap: B) Agency theory suggests that agency problems may arise if managers (agents) pursue different objectives other than those of the shareholders (principals).
Profitability risks Market risks Within-firm risks Stand-alone risks Which of the above are the kinds of risk sources of an investment project?
Doğru Cevap: E) II, III and IV
Which one of the following is the uncertainty inherent to the entire market or entire market segment?
Doğru Cevap: A) Systematic risk
As more debt is raised, the risk borne by the shareholder’s increases, leading to ...... . Which of the following completes the sentence above?
Doğru Cevap: C) a higher cost of equity
I. The basic terms of the bonds II. The total amount of bonds issued III. The repayment arrangements IV. Details of the protective covenants Which of the above are among the provisions the bond indenture includes?
Doğru Cevap: E) I, II, III and IV
