Problem 1: Which of the following is most directly related to value creation?
a. sales
b. Cash inflow
c. Market share
d. Net income
Problem 2: The primary market is defined a
a. The market for insured securities
b. The market for new issues
c. The market for securities of the primary firms in the economy (generally the largest firms)
d. The over-the -counter market
Problem 3: Which of the following assets' book values would, in general, most accurately represent the assets' true market value?
A. Specialized inventory that can only be used for specific projects
b. Inventory that is widely used in many common manufacturing activities
c. real estate assets of the firm
d. equipment assets of the firm used in production activities.