Please answer the below multiple choice questions

Question 9 1. The following are drivers of economic failure:

A. Revenues lower than costs

B. Return on investment below costs of capital.

C. Profitability below expected levels.

D. All of the above.

Question 10 1. The advantages of negotiating a workout between debtors and creditors outside of the formal bankrutpcy procedures include all of the following except:

A. It is easy to get all creditors to agree.

B. There is no stigma associated with bankruptcy.

C. There is less of a business loss.

D. Expenses that would normally be incurred in bankruptcy are reduced.

Question 11 1. Foreign companies which have what percent of the trading volume on U.S. exchanges have to comply with SOX :

A. More than 5%

B. More than 10%

C. Less than 50%

D. More than 50%

Question 12 1. Motives for Joint Ventures include:

A. Enhanced research and development capabilities.

B. Better sourcing for supplies.

C. Both a and b.

D. Neither a nor b.