1- How is Net financial obligations (NFO) defined?

         a- Net financial obligations (NFO) is equal to non operating liabilities less non operating assets  

         b- Net financial obligations (NFO) is equal to operating liabilities less operating assets  

         c- Net financial obligations (NFO) is equal to non operating assets less non operating liabilities  

         d- Net financial obligations (NFO) is equal to operating assets less operating liabilities

2- Preferred stock is included in the calculation of Net financial obligations (NFO).

      a- True

      b- False

3- which of the following is excluded from calculating NOPAT?

      a- interest expense

      b- interest revenue

      c- a and b

4- How does operating leverage affect Return on Net Operating Asset (RNOA)?

        a- it increases RNOA

        b- it decreases RNOA

        c- No effect

5- Which of the following may cause a change in profit margin?

          a- change in sales volumn

           b- change in unit selling price

           c- change in cost per unit

           d- all of the above.

6- Which of the following is a driver of asset turnover?

            a- accounts receivable turnover

            b- inventory turnover

            c- long term asset turnover

            d- all of the above