please check below answered question and clarify any wrong answer with correct answer with explanation

11) During class we discussed some of the reasons why companies have a payout policy. One of these reasons is related to helping companies lift their reported corporate earnings. Which of the following arguments is that?

a)Asset management

b)Taxes

c)Signaling

d)Cash management

e)Earnings management

12) During class we discussed several parameters that help us explain how and why a company would choose to finance an M&A transaction with debt or equity. Which one of the following is NOT of the five parameters we discussed?

a)Signaling

b)Earnings management

c)Risk sharing

d)Ownership structure

e)Taxes

13) During class we discussed several parameters that help us explain how and why a company would choose to finance an M&A transaction with debt or equity. Which one of the following is NOT of the five parameters we discussed?

f)Signaling

g)Earnings management

h)Risk sharing

i)Ownership structure

j)Taxes

14) What is the main difference between a business incubator and a business accelerator One is run by nonprofit organizations while the other is run by local governments.

a)The amount of capital each will invest in the start-ups that go through their programs.

b)One focuses on very early-stage start-ups while the other focuses on start-ups that are close to IPO.

c)The period of "incubation" is short and intense for one, but might be very long for the other.

15) This semester we discussed common issues and mistakes in M&A. Suppose that Case Corp wants to purchase the Jolly Scholar. Case's CFO estimates the value of all synergies to be about $1M. What should be the synergy premium paid for this acquisition?

a)Below $1M

b)Exactly $1M as estimated by the CFO

c)Somewhat above $1M to compensate the target

d)A synergy premium should be paid to the buyer, not the seller

16) During which stage of the life cycle of the average U.S. company would you expect a company to have a solid capacity to make dividend payments?

a)Start-up

b)Rapid Expansion

c)High Growth

d)Mature Growth

17) From a claim priority perspective, which of the following lists the correct order of priority from left to right?

a)Preferred Stockholders > Taxes > Secured bonds > Unsecured bonds > Common stockholders

b)Preferred Stockholders > Unsecured bonds > Secured bonds > Common stockholders > Taxes

c)Secured bonds > Unsecured bonds > Preferred Stockholders > Taxes > Common stockholders

d)Taxes > Secured bonds > Unsecured bonds > Preferred Stockholders > Common stockholders\

18) Which of the following is NOT one of the variables that influences credit ratings as discussed in class?

a)Return on assets

b)Book value of assets

c)Size of the firm

d)Leverage

e)Qualitative variables such as future company outlook