Corporate Finance Quiz
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Questions and Answers

What does EBITDA represent?

  • A measure of gross profit
  • A measure of net income
  • A measure of gross operating cash flow (correct)
  • A measure of total revenue
  • Which type of entity typically has limited liability to the amount of capital conferred?

  • Sole proprietorships
  • Partnerships
  • Limited liability companies
  • Corporations (correct)
  • In which type of entity does a firm's life terminate with the death of major founder(s)?

  • Sole proprietorship
  • Limited liability company (LLC)
  • Corporation
  • Proprietorship and limited partnership (correct)
  • What types of cash flows can the Net Present Value (NPV) be computed for?

    <p>All types of cash flows</p> Signup and view all the answers

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