Fin Module 3 Assignment |20 Questions| With Correct Answers.

1. The goal of the financial manager is to maximize the value of the shareholder's stake in the firm {Ans: *A. True* B. False}20. Apple computers has raised all its capital via equity rather than debt. Such a firm is also referred to as an ________ firm. {Ans: A. levered B. margined C. risk less *D. unlevered*}3. Building a model for long-term forecasting reveals points in the future where the firm will need ______ when retained earnings are not enough to fund planned future investments {Ans: *A. External financing* B. Stock dividends C. Dividend payments D. Mergers}16. Which of the following statements is FALSE? {Ans: A. The more cash the firm uses to repurchase shares, the less it has available to pay dividends. *B. Free cash flow measures the cash generated by the firm after payments to debt or equity holders are considered.* C. We estimate a firm's current enterprise value by computing the present value (PV) of the firm's free cash flow. D. We can interpret the enterprise value as the net cost of acquiring the firm's equity, taking its cash, and paying off all debts.}6. The ________ method assumes that as sales grow, many