​Owners of long-term debt instruments such as bonds would pr…

​Owners of long-term debt instruments such as bonds would prefer 1. a debt ratio of 50% to a debt ratio of 30% 2. a debt ratio of 30% to a debt ratio of 50% 3. a times interest earned of 3.0 to a times-interest-earned ratio of 5.0 4. a times interest earned of 5.0 to a times-interest-earned ratio of 5.0​

If the risk-adjusted net present value is positive,​ 1. the…

If the risk-adjusted net present value is positive,​ 1. the internal rate of return exceeds the firm’s cost of capital 2. the internal rate of return is less than the firm’s cost of capital 3. the present value of cash inflows exceeds the present cost of an investment 4. the present value of cash inflows is less than the present cost of an investment