2)      __________ focus more on underlying determinants of future profitability than the past price movements of a firm's stock.                  A)   Credit analysts               B)   Fundamental analysts          C)   Systems analysts          D)   Technical analysts Please justify your answer.

D4) Please explain why liquidity ratios, profitability ratios, and efficiency ratios are important for the banking, real state, and travel industry.

Which of the following statements is correct?   a. Any forecast of financial requirements involves determining how much money the firm will need and is obtained by adding together increases in assets and spontaneous liabilities and subtracting operating income.   b. The percentage of sales method of forecasting financial needs requires only a forecast of the firm's balance sheet. Although a forecasted income statement helps clarify the need, it is not essential to the percentage of sales method.   c. Because dividends are paid after taxes from retained earnings, dividends are not included in the percentage of sales method of forecasting.   d. Financing feedbacks describe the fact that interest must be paid on the debt used to help finance AFN and dividends must be paid on the shares issued to raise the equity part of the AFN. These payments would lower the net income and retained earnings shown in the projected financial statements.   e. All of the statements above are false.

In theory, should a firm be equally concerned with stand-alone,corporate, and market risk? Would your answer be the same if wesubstituted “In practice” for “In theory”? Explain your answers