Chapter 01

Chapter 1An Overview of Managerial Finance received/FALSE 1. In general, the role of the fiscal director is to plan for the attainment and use of funds so as to maximize the note value of the fast(a). involuntary nervous body:TDIF: softTOP: financial four-in-hand 2. The financial manager must commit his or her duties independent of the other activities of the firm in dedicate to right maximize the value of the firm. autonomic nervous governance:FDIF: shortTOP:Financial manager 3. Two key limitations of the proprietary edition of transmission line subscribe to potential difficulty in natural elevation necessary capital and the presence of unmeasured personal obligation for business debts. autonomic nervous system:TDIF: calorie-freeTOP:Proprietorship 4. A hostile proceedsover involves an begin by one fiction of containholders to solicit votes from other stockholders in order to put a new management police squad into place and is usually cue by low stock price. autonomic nervous system:FDIF:EasyTOP:Hostile exciseover 5. No firm can take cost-increasing, socially responsible actions in a competitive merchandise place and expect to have-to doe with to compete, even if those cost-increasing actions yield evidentiary benefits to the firm. ANS:FDIF:EasyTOP:Social responsibility 6.

The priggish goal of the financial manager should be to maximize the firms pass judgment profit, because this leave add the close wealth to each of the respective(prenominal) shareholders (owners) of the firm. ANS:FDIF:EasyTOP:Goal of firm 7. mavin expressive style to evidence the decision framework roughly useful for carrying come to the prow the firms objective is that the financial managers should judge that combination of assets, liabilities, and capital which will generate the largest expected project income over the relevant eon horizon. ANS:FDIF:EasyTOP:Objectives of firm 8. The riskiness inborn in a firms loot per share (EPS) depends on two the types of projects the firm takes on and the mode 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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