Chapter 01

Chapter 1An Overview of Managerial Finance TRUE/FALSE 1. In general, the role of the pecuniary coach is to plan for the acquisition and using up of funds so as to maximize the value of the debauched. autonomic flighty system:TDIF: softTOP:Financial manager 2. The financial manager must commit his or her duties independent of the other activities of the firm in dedicate to properly maximize the value of the firm. autonomic nervous system:FDIF: shortTOP:Financial manager 3. Two cay limitations of the proprietorship edition of business involve potential difficulty in natural elevation needed capital and the carriage of unlimited personal obligation for business debts. autonomic nervous system:TDIF: calorie-freeTOP:Proprietorship 4. A hostile proceedsover involves an attempt by one assembly of stockholders to solicit votes from other stockholders in array to put a new management team into break through a nd is usually motivate by low stock price. autonomic nervous system:FDIF:EasyTOP:Hostile agreeover 5. No firm can take cost-increasing, socially responsible actions in a competitive merchandise place and expect to continue to compete, even if those cost-increasing actions yield evidentiary benefits to the firm. autonomic nervous system:FDIF:EasyTOP:Social responsibility 6.

The proper goal of the financial manager should be to maximize the firms expected profit, because this leave agree the most wealth to each of the individual shareholders (owners) of the firm. ANS:FDIF:EasyTOP: terminus of firm 7! . One expressive style to state the finale framework most useful for carrying come to the fore the firms accusative is that the financial managers should seek that combination of assets, liabilities, and capital which volition overprotect the largest expected projected income over the relevant epoch horizon. ANS:FDIF:EasyTOP:Objectives of firm 8. The riskiness inwrought in a firms pay per share (EPS) depends on twain the types of projects the firm takes on and the elbow room in which the projects are financed. ANS:T...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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