1. Which one of the following is a measure of long-term solvency? Price-earnings ratio Profit margin Quick ratio Cash coverage ratio Receivables turnover
2. The IRR (internal rate of return) method used to compare two investment projects:
a. ignores the size of each of the projects.
b. always provides only one IRR for each project.
c. is based on accounting profits.
d. is not shown as a percentage.