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1. When a firm alters its capital structure to include more or less debt (and, in turn, less or more equity), it impacts which of the following?

a. The residual cash flows available for stock holders

b. The number of shares of stock outstanding

c. The earnings per share (EPS)

d. All of the choices.

2. When financial statement reports a firm's assets, liabilities, and equity at a particular point in time?

a. Balance sheet

b. Statement of cash flows

c. Statement of retained earnings

d. Income statement.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92784700

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