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- Multiple ChoicePlease save your changes before editing any questions.
"Shareholder wealth" in a firm is represented by:
the number of people employed in the firm.
the book value of the firm's assets less the book value of its liabilities.
the amount of salary paid to its employees.
the market price per share of the firm's common stock.
- Multiple ChoicePlease save your changes before editing any questions.
The long-run objective of financial management is to:
maximize earnings per share.
maximize the value of the firm's common stock.
maximize return on investment.
maximize market share.
- Multiple ChoicePlease save your changes before editing any questions.
What are the earnings per share (EPS) for a company that earned $100,000 last year in after-tax profits, has 200,000 common shares outstanding and $1.2 million in retained earning at the year end?
$100,000
$6.00
$0.50
$6.50
- Fill in the BlankPlease save your changes before editing any questions.
A(n) would be an example of a principal, while a(n) would be an example of an agent.
- Multiple ChoicePlease save your changes before editing any questions.
The decision function of financial management can be broken down into the which decisions.
Financing
Investment
Dividend
Credit Management
- Multiple ChoicePlease save your changes before editing any questions.
The focal point of financial management in a firm is:
the number and types of products or services provided by the firm.
the minimization of the amount of taxes paid by the firm.
the creation of value for shareholders.
the dollars profits earned by the firm.
- Multiple ChoicePlease save your changes before editing any questions.
What is the roles of management accountant?
Provide information and accounting reports
Responsible for carrying out the task of helping the management
Assist departments in achieving the organization objectives.
All of above
- Fill in the BlankPlease save your changes before editing any questions.
In the US, the has been given the power to adopt auditing, quality control, ethics, and disclosure standards for public companies and their auditors as well as investigate and discipline those involved.
- Open EndedPlease save your changes before editing any questions.
Discuss the role and responsibilities of a financial manager.
- Fill in the BlankPlease save your changes before editing any questions.
A company's is (are) potentially the most effective instrument of good corporate governance.common stock shareholders