PGT (Commerce previous year questions) (HTET) (Part – II)Total Questions: 10081. Firm's Cost of Capital is the average cost of:A. All sourcesB. All borrowingsC. Share capitalD. Share Bonds & DebenturesCorrect Answer: A. All sources82. An implicit cost of increasing proportion of debt is:A. Tax should would not be available on new debtB. P.E. Ratio would increaseC. Equity shareholders would demand higher returnD. Rate of Return of the company would decreaseCorrect Answer: C. Equity shareholders would demand higher return83. Cost of Redeemable Preference Share Capital is:A. Rate of DividendB. After Tax Rate of DividendC. Discount Rate that equates PV of inflows and outflows relating to capitalD. None of the aboveCorrect Answer: C. Discount Rate that equates PV of inflows and outflows relating to capital84. Which of the following is true?A. Retained earnings are cost freeB. External Equity is cheaper than Internal EquityC. Retained Earnings are cheaper than External EquityD. Retained Earnings are costlier than External EquityCorrect Answer: C. Retained Earnings are cheaper than External Equity85. Cost of capital may be defined as:A. Weighted Average cost of all debtsB. Rate of Return expected by Equity ShareholdersC. Average IRR of the Projects of the firmD. Minimum Rate of Return that the firm should earnCorrect Answer: D. Minimum Rate of Return that the firm should earn86. Minimum Rate of Return that a firm must earn in order to satisfy its investors, is also known as:A. Average Return on InvestmentB. Weighted Average Cost of CapitalC. Net Profit RatioD. Average Cost of borrowingCorrect Answer: B. Weighted Average Cost of Capital87. Cost Capital for Equity Share Capital does not imply that:A. Market Price is equal to Book Value of shareB. Shareholders are ready to subscribe to right issueC. Market Price is more than Issue PriceD. AC of the three aboveCorrect Answer: D. AC of the three above88. In order to calculate the proportion of equity financing used by the company, the following should be used:A. Authorised Share CapitalB. Equity Share Capital plus Reserves and SurplusC. Equity Share Capital plus Preference Share CapitalD. Equity Share Capital plus Long-term DebtCorrect Answer: B. Equity Share Capital plus Reserves and Surplus89. The term capital structure denotes:A. Total of Liability side of Balance SheetB. Equity Funds, Preference Capital and Long-term DebtC. Total Shareholders EquityD. Types of Capital issued by a CompanyCorrect Answer: B. Equity Funds, Preference Capital and Long-term Debt90. Debt Financing is a cheaper source of finance because of:A. Time Value of MoneyB. Rate of InterestC. Tax-deductibility of InterestD. Dividends not payable to lendersCorrect Answer: C. Tax-deductibility of InterestSubmit Quiz« Previous12345678910Next »