QUIZ NO 6

1. Firms with high levels of operating leverage are generally considered to be:

a. Less risky.
b. More risky.
c. International firms.
d. Local firms.

2. Depreciation is an example of a:

a. Variable cost.
b. Fixed cost.
c. Controllable cost.
d. Indirect cost of manufacturing plant.

3. Mary quit a job paying $60,000 per year to attend graduate school. The $60,000 is an example of a:

a. Variable cost.
b. Sunk cost.
c. Opportunity cost.
d. Indirect cost.

4. The difference between the book values of assets and liabilities is equal to ……………………………

5. …………………………was the first bank to issue a deep discount bond in India in January 1992.

6. Expand the following:
DIPP………………………………
ADB………………………………

7. Foreign market of United States is called…………………...
Japan called…………………………….
United Kingdom called…………………
Netherland called……………………….
Spain called…………………………….

Answer:1-b, 2-b, 3-c, 4-Share holder's fund or Networth, 5-IDBI, 6-Department of Industrial policy & promotion, Asian development Bank, 7- Yankee, Samurai, Bulldog, Rembrandt, Matador