Question: QUESTION 7 The PRESENT VALUE of $2,000 would be smaller if interest were compounded quarterly rather than annually True False QUESTION 8 The days sales

QUESTION 7 The PRESENT VALUE of $2,000 would be smaller if interest were compounded quarterly rather than annually True False QUESTION 8 The days sales outstanding (DSO) is the ratio that is used to assess how effectively a firm is managing its fixed assets True False QUESTION 9 Although the debt can cause bankruptcy, it can increase a levered firm's Return on Equity (ROE) especially when the economy is in recession. True False

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