Nominal rate which is quoted to consumers on loans is considered as__________?
A. Annual percentage rate
B. Annual rate of return
C. Loan rate of return
D. Local rate of return
A. Annual percentage rate
B. Annual rate of return
C. Loan rate of return
D. Local rate of return
A. Dividends
B. No dividends
C. Current price
D. Past price
In which of the following type of annuity, cash flows occur at the beginning of each period?
A. Ordinary annuity
B. Annuity due
C. Perpetuity
D. None of the given options
Annuity due is paid at the end of the year that’s why its called annuity due.
A. Required rate of return
B. Required option
C. Required rate of redemption
D. Required rate of earning
Balance Sheet is based upon which of the following formula?
A. Assets = Liabilities – Stockholder’s equity
B. Assets + Liabilities = Stockholder’s equity
C. Assets + Stockholder’s equity = Liabilities
D. Assets = Liabilities + Stockholder’s equity
Which of the following ratios are intended to address the firm’s financial leverage?
A. Liquidity Ratios
B. Long-term Solvency Ratios
C. Asset Management Ratios
D. Profitability Ratios
These ratios are intended to address the firm’s long-run ability to meet its obligations, or its financial leverage