1- Shareholder;s equity is equal to:

a- net working capital + total assets

b- net fixed assets - long term debt + net working capital

c- total assets + total liabilities

d- net fixed assets - total liabilities

2- origination is the process of preparing a security issue for sale, during the origination phase, the bank may help the client company to

a- Hide securities

b- determines the sale date and print securities

c- buying these securities

d- advertising for the project being funded

3- which of the following does not apply to an LLP?

a- General partners and limited partners are both managers.

b- It combines some of the limited liability characteristics of a corporation with the tax advantage of a partnership.

c- Limited partnership has both general partners and limited partners.

d- General partners and limited partners are both owners.

4- The ease with which a financial security can be exchanged for cash is referred to as what?