15. Which is the most expensive source of funds?a) New Equity Sharesb) New Preference Sharesc) New Debtsd) Retained Earnings16. In case the firm is all-equity financed, WACC would be equal to---17. Which of the following is true?
18. Advantage of Debt financing is---19. Cost of Equity Share Capital is more than cost of debt because---a) Face value of debentures is more than face value of sharesb) Equity shares have higher risk than debtc) Equity shares are easily saleabled) All of the three above20. Which of the following is true for Net Income Approach?21. NOI Approach advocates that the degree of debt financing is---22. Dividend Payout Ratio is---23. Which of the following is not the responsibility of financial management?a) allocation of funds to current and capital assetsb) obtaining the best mix of financing alternativesc) preparation of the firm's accounting statementsd) development of an appropriate dividend policy24. Which of the following are not among the daily activities of financialmanagement?25. The mix of debt and equity in a firm is referred to as the firm's---26. (1 + i)n stands for---27.
Net working capital
a) Total assets minus fixed assets.
b) Current assets minus current liabilities.
c) current assets minus inventoriesd) Current assets.28. Retained earnings are---29. The restructuring of a corporation should be undertaken if---