01:01

Suppose a State of California bond will pay $1,000 eight years from now. If the going interest rate

00:29

Which of the following statements is CORRECT?

03:01

Which of the following statements is CORRECT?

03:01

With which of the following statements would most people in business agree?

03:01

Which of the following statements is CORRECT?

03:01

Which of the following actions would be most likely to reduce potent

03:01

Which of the following actions would be most likely to reduce potenti

03:01

Which of the following actions would be likely to encourage a firm's managers

03:01

Which of the following mechanisms would be most likely to help motivate managers

03:01

Actions would be likely to reduce potential conflicts of interest between stockholders and managers

03:01

The primary operating goal of a publicly-owned firm trying to best serv

03:01

The primary operating goal of a publicly-owned firm trying to best

03:01

Which of the following statements is CORRECT?

03:01

Which of the following statements is CORRECT?

02:16

Which of the following statements is CORRECT?

00:26

Which of the following statements is CORRECT?

00:26

Which of the following statements is CORRECT?

00:26

Which of the following statements is CORRECT?

00:26

The primary operating goal of a publicly-owned firm interested

00:26

Which of the following could explain why a business might choose to operate as a corporation

00:29

Which of the following statements is CORRECT?

00:29

Relaxant Inc. operates as a partnership. Now the partners have decided to convert

00:29

Which of the following statements is CORRECT?

00:29

Which of the following statements is CORRECT?

00:22

Which of the following statements is CORRECT?

00:28

If a firm's board of directors wants to maximize value for its stockholders in general

00:28

If someone deliberately understates costs and thereby increases profits, this can cause

00:22

If a lower level person in a firm does something illegal, like "cooking the books,"

00:28

A hostile takeover is said to occur when another corporation or group of investors

00:22

Managers always attempt to maximize the long-run value of their firms

00:28

The term "marginal investor" means an investor who is active in the market and would tend

00:22

For a stock to be in equilibrium as the book defines it, its market price

00:22

If a stock's intrinsic value is greater than its market price, then the

00:22

If a stock's market price is above its intrinsic value, then the stock can be thought of as being

00:28

A stock's market price would equal its intrinsic value if all investors had all the information

00:22

There are many types of unethical business behavior. One example is where executives

00:28

As a result of financial scandals occurring during the past decade, there

00:22

In order to maximize its shareholders' value, a firm's management must attempt

00:22

In order to maximize its shareholders' value, a firm's management

00:22

If management operates in a manner designed to maximize the firm's expected profits

00:28

In order to maximize its shareholders' value, a firm's management must attempt

00:28

Organizing as a corporation makes it easier for the firm to raise capital

00:22

One disadvantage of forming a corporation rather than a partnership

00:28

The more capital a firm is likely to require, the greater the probability that it

00:22

It is generally less expensive to form a corporation than a proprietorship because

00:22

If a corporation elects to be taxed as an S corporation, then both it and its stockholders

00:28

If a corporation elects to be taxed as an S corporation, then it can avoid

00:28

One danger of starting a proprietorship is that you may be exposed to

00:28

It is generally harder to transfer one's ownership interest in a partnership than in a corporation.

00:22

One advantage of the corporate form of organization is that it avoids double taxation.

00:28

Some partners in a partnership may have different rights, privileges, and responsibilities

00:22

An advantage of the corporate form of organization is that corporations

00:22

A disadvantage of the corporate form of organization is that corporate stockholders

00:28

Partnerships and proprietorships generally have a tax advantage over corporations.

00:28

The board of directors is the highest ranking body in a corporation, and the chairman

00:22

The Chairman of the Board must also be the CEO.

00:28

In most corporations, the CFO ranks under the CEO.