Finance

7 years ago

How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?

How much would you have to pay to purchase 100 shares of XYZ stock on November 18th?
A) $2520
B) $2525
C) $2593
D) $2600

EpiscoWhat 142 1 Reply

7 years ago

What strategies are available to shareholders to help ensure that managers are motivated to act in ...

What strategies are available to shareholders to help ensure that managers are motivated to act in the interest of the shareholders rather than their own interest?

johnpaech 119 1 Reply

7 years ago

Do corporate decisions that increase the value of the firm's equity benefit society as a whole?

Do corporate decisions that increase the value of the firm's equity benefit society as a whole?
A) Yes, as long as the value of the firm's equity increases, society is better off.
B) Yes, as long as the increase in the value of th

EpiscoWhat 250 1 Reply

7 years ago

An agency problem can be alleviated by:

An agency problem can be alleviated by:
A) requiring all firms to be sole proprietorships.
B) compensating managers in such a way that acting in the best interest of shareholders is also in the best interest of managers.
C) asking mana

Memphic 127 1 Reply

7 years ago

The most senior financial manager in a corporation is usually called:

The most senior financial manager in a corporation is usually called:
A) the chief executive officer.
B) the chief financial officer.
C) the chief operating officer.
D) the chairman of the board.

Memphic 131 1 Reply

7 years ago

Which of the following statements is FALSE?

Which of the following statements is FALSE?
A) In bankruptcy, management is given the opportunity to reorganize the firm and renegotiate with debt holders.
B) Because a corporation is a separate legal entity, when it fails to repay its debt

EpiscoWhat 120 1 Reply

7 years ago

A ________ is when a rich individual or organization purchases a large fraction of the stock of a ...

A ________ is when a rich individual or organization purchases a large fraction of the stock of a poorly performing firm and in doing so gets enough votes to replace the board of directors and the CEO.
A) shareholder proposal
B) leveraged b

johnpaech 137 1 Reply

7 years ago

If shareholders are unhappy with a CEO's performance, they are most likely to:

If shareholders are unhappy with a CEO's performance, they are most likely to:
A) buy more shares in an effort to gain control of the firm.
B) file a shareholder resolution.
C) replace the CEO through a grassroots shareholder upri

Memphic 123 1 Reply

7 years ago

The Principal-Agent Problem arises: (Multiple Choice)

The Principal-Agent Problem arises:
A) because managers have little incentive to work in the interest of shareholders when this means working against their own self-interest.
B) because of the separation of ownership and control in a corpor

Memphic 155 1 Reply

7 years ago

The person charged with running the corporation by instituting the rules and policies set by the ...

The person charged with running the corporation by instituting the rules and policies set by the board of directors is called:
A) the chief operating officer.
B) the company president.
C) the chief executive officer.
D) the chief

Memphic 153 1 Reply

7 years ago

In a corporation, the ultimate decisions regarding business matters are made by:

In a corporation, the ultimate decisions regarding business matters are made by:
A) the Board of Directors.
B) debt holders.
C) shareholders.
D) investors.

johnpaech 126 1 Reply

7 years ago

Explain the benefits of incorporation.

Memphic 106 1 Reply

7 years ago

You own 100 shares of a Sub Chapter "S" corporation. The corporation earns $5.00 per ...

You own 100 shares of a Sub Chapter "S" corporation. The corporation earns $5.00 per share before taxes. Once the corporation has paid any corporate taxes that are due, it will distribute the rest of its earnings to its sharehol

EpiscoWhat 148 1 Reply

7 years ago

Which of the following are subject to double taxation?

Which of the following are subject to double taxation?
A) Corporation
B) Partnership
C) Sole proprietorship
D) A and B

Memphic 162 1 Reply

7 years ago

The distinguishing feature of a corporation is that:

The distinguishing feature of a corporation is that:
A) their is no legal difference between the corporation and its owners.
B) it is a legally defined, artificial being, separate from its owners.
C) it spreads liability for its corpor

Memphic 178 1 Reply

7 years ago

A limited liability company is essentially:

A limited liability company is essentially:
A) a limited partnership without limited partners.
B) a limited partnership without a general partner.
C) just another name for a limited partnership.
D) just another name for a corporat

johnpaech 223 1 Reply

7 years ago

Which of the following statements is most correct?

Which of the following statements is most correct?
A) An advantage to incorporation is that it allows for less regulation of the business.
B) An advantage of a corporation is that it is subject to double taxation.
C) Unlike a partnersh

Memphic 180 1 Reply

7 years ago

Which of the following is/are an advantage of incorporation?

Which of the following is/are an advantage of incorporation?
A) Access to capital markets
B) Limited liability
C) Unlimited life
D) All of the above

Memphic 155 1 Reply

7 years ago

Which of the following is NOT an advantage of a sole proprietorship?

Which of the following is NOT an advantage of a sole proprietorship?
A) Single taxation
B) Ease of setup
C) Limited liability
D) No separation of ownership and control

Memphic 226 1 Reply

7 years ago

Which of the following organization forms accounts for the most revenue?

Which of the following organization forms accounts for the most revenue?
A) "S" corporation
B) Limited partnership
C) "C" corporation
D) Limited liability company

johnpaech 125 1 Reply

7 years ago

Which of the following organization forms for a business does NOT avoid double taxation?

Which of the following organization forms for a business does NOT avoid double taxation?
A) Limited partnership
B) "C" corporation
C) "S" corporation
D) Limited liability company

EpiscoWhat 205 1 Reply

7 years ago

A sole proprietorship is owned by:

A sole proprietorship is owned by:
A) one person.
B) two of more persons.
C) shareholders.
D) bankers.

Memphic 143 1 Reply

7 years ago

What is the purpose of the sensitivity analysis?

EpiscoWhat 275 1 Reply