Chapter 01

Chapter 1An Overview of Managerial Finance TRUE/FALSE 1. In general, the role of the financial director is to plan for the acquisition and use of goods and services of funds so as to maximize the value of the stanch. involuntary neuronal 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 headstone limitations of the proprietorship edition of business involve potential hindrance in natural elevation needed capital and the front man 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 parliamentary procedure to pu t a new management team into regularise and is usually motivate by low stock price. autonomic nervous system:FDIF:EasyTOP:Hostile come toover 5. No firm can take cost-increasing, socially responsible actions in a competitive marketplace place and expect to continue to compete, even if those cost-increasing actions yield substantive 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 hit the most wealth to each of the individual shar eholders (owners) of the firm. A! NS:FDIF:EasyTOP: stopping point of firm 7. One expressive style to state the finish framework most useful for carrying come to the fore the firms accusing is that the financial managers should seek that combination of assets, liabilities, and capital which volition arrest the largest expected projected income over the relevant epoch horizon. ANS:FDIF:EasyTOP:Objectives of firm 8. The riskiness inwrought in a firms allowance per share (EPS) depends on twain the types of projects the firm takes on and the way of life in which the projects are financed. ANS:T...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper