correct? A. A low receivables turnover is desirable. B. The | Information Science and Technology

correct?
A. A low receivables turnover is desirable.
B. The lower the total debt-to-equity ratio, the lower the financial risk for a firm.
C. An increase in net profit margin with no change in sales or assets means a poor ROI.
D. The higher the tax rate for a firm, the lower the interest coverage ratio.
33. Which of the following statements is correct?
A. If the NPV of a project is greater than 0, its PI will equal 0.
B. If the IRR of a project is 0%, its NPV, using a discount rate, k, greater than 0, will be 0.
C. If the PI of a project is less than 1, its NPV should be less than 0.
D. If the IRR of a project is greater than the discount rate, k, its PI will be less than 1 and its
NPV will be greater than 0.
34. To increase a given present value, the discount rate should be adjusted
A. upward. B. downward. C. No change. D. constant
35. Which of the following is not the responsibility of financial management?
A. allocation of funds to current and capital assets
B. obtaining the best mix of financing alternatives
C. preparation of the firm's accounting statements
D. development of an appropriate dividend policy
36. Which of the following statements regarding a 10-year monthly payment amortized mortgage
with a nominal interest rate of 12% is CORRECT?
A. The monthly payments will decline over time.
B. A smaller proportion of the last monthly payment will be interest, and a larger proportion
will be principal, than for the first monthly payment.
C. The total dollar amount of principal being paid off each month gets smaller as the loan
approaches maturity.
D. Exactly 10% of the first monthly payment represents interest.