Which of the following ratios does NOT measure efficiency or activity of an entity?

What is the undiscounted cash flow in the final year of an investment, assuming: 10,000 after-tax cash flows from operations, the fully depreciated machine, the sole asset in the pool, is sold for $1,000, the project had required $2,000 in additional working capital, and a 35 percent tax rate?

A) $14,000 B) $12,600 C) $12,650 D) $8,450

The goal of most financial managers is to reduce the amount of long-term debt to zero, thus

maximizing shareholder wealth. Indicate whether the statement is true or false