Reference no: EM132656029

Problem 1: A benchmark is an excellent industry norm to which one's own financial ratios can be compared.

Group of answer choices

True

False

Problem 2: Minimizing liquidity is an excellent way to meet a company's short-term financial obligations.

Group of answer choices

True

False

Problem 3: Which of the following is a source of internal financing?

Group of answer choices

Option 1: revenue

Option 2: long-term borrowings

Option 3: none of these

Option 4: depreciation/amortization

Option 5: mortgages

Problem 4: Which of the following statements describes a source of funds?

Group of answer choices

Option 1: Dividends paid are a source of funds.

Option 2: None of these.

Option 3: Operating at a loss is a source of funds.

Option 4: Investments in all types of assets are sources of funds.

Option 5: Trade credit is a source of funds.