Ch 1-Principles of Finance (402)

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The Primary Purpose of Business is to Maximise...

• Total asset

• Sales

• Total profit

• Value of the firm

All the following are Areas of Finance except:

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........................................ refers to the specific mixture of long term debt and/equity the firm uses to finance its operations.

How many Forms of Business Organizations are discussed in Chapter 1?

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Which of the following best describes Agency Costs in a Corporation?

• The cost of providing employee benefits to attract and retain top talent.

• The costs incurred by shareholders to monitor and control management actions that may not align with shareholder interests.

• The costs associated with issuing new equity to finance corporate projects.

In five words or less, how do you plan to spend your weekend? 😎🤩🕺💃

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