All 30 MCQ for the week 6 finals, 100% result assured.
Which of the following statements is true?
A. A security is a claim issued by a firm that pays owners interest, not dividends.
B. A call option analyzes conflicts of interest and behavior in a principal-agent relationship.
C. An agent-manager can never make bad decisions.
D. The difference between the value of one action and the value of the best alternative is called an opportu...
Multiple Choice Question 51
Which of the following is considered a hybrid organizational form?
limited liability partnership
partnership
corporation
sole proprietorship
Multiple Choice Question 59
Which of the following is a principal within the agency relationship?
the CEO of the firm
a shareholder
the board of directors
a company engineer
Multiple Choice Question 57
Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$2,123,612
$803,010
$1,844,022
$2,303,010
Multiple Choice Question 78
Which of the following presents a summary of the changes in a firm’s balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of retained earnings.
The statement of working capital.
...
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