Fin 300 final exam - Study guides, Class notes & Summaries

One of the most important disadvantages of the corporate form of business is: a. limited owner liability b. ease of transferring ownership c. double taxation d. unlimited owner liability - correct answers c. double taxation Profit maximization: a. is the ultimate goal of a firm b. is a long-run concept c. always maximizes the wealth of the owners d. does not consider future cash flows or risk - correct answers d. does not consider future cash flows or risk Hillary Rotteneggs ...

BFIN 300 Final Exam Questions and Answers

BFIN 300 Final Exam Questions and Answers

BFIN 300 Final Exam Latest Update Graded A+ Payments for Amortizing Loans both interest and principal payments Perpetuity An annuity stream where the payments occur forever is called All else equal, the more frequently interest is compounded the: Higher the future value AND present value. Corporations Can raise large amounts of capital generally easier than partnerships can Sole Proprietorship Is personally responsible for all of the company's debts Sarbanes-Oxley Act of 2...

BFIN 300 Final Exam Questions and Answers

Fin 300 Final Exam Correct answers latest update

BFIN 300 Final Exam Questions With Solutions Corporation Considered a legal person, separate and distinct from its shareholders. Shareholders select the board of directors, and the board selects the management team. Most important form of business in the US. Ownership can be easily transferred. Corporations suffer double taxation, pays taxes on its earnings and then shareholders also pay taxes. Sarbanes-Oxley Act Enacted by congress, requires each publicly traded company to give an a...

BFIN 300 Final Exam Questions and Answers

BFIN 300 Final Exam Questions and Answers

BFIN 300 Final Exam Questions and Answers