FINC 600
American Public University
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FINC 600-Midterm Exam . Questions
- Exam (elaborations) • 13 pages • 2021
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FINC 600-Midterm Exam . Questions 
 
Question 1 of 40 
The average accounting return method 
A. ignores some project years. 
B. ignores the timing of net income. 
C. properly discounts all values. 
D. is preferred by financial analysts over the alternative methods. 
E. is never used in practice. 
Question 2 of 40 
Which one of these best measures a firm's long-run ability to meet its obligations? 
A. Cash ratio 
B. Total asset turnover 
C. EV multiple 
D. Return on equity 
E. Equity multiplier ...
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