1.
Managing the firm’s assets includes all of the following except:
a.
Computer systems
b.
Par value of common stock
c.
Marketable securities
d.
Raw material inventory
2.
The primary financial goal of the corporation is:
a.
Maximizing shareholder wealth
b.
Maximizing stakeholder wealth
c.
Maximizing employment opportunities
d.
Maximizing profit
3.
If I wanted to avoid the potential issue of “double taxation of profits” I
should avoid setting up my company as a:
a.
Sole proprietorship
b.
Corporation
c.
Partnership
d.
All of the above are potentially liable to “double taxation”
4.
Risk & return are key determinants in the price of a share of common
stock. Increased risk, other things held constant, results in:
