Question
1. Assume that you are the CFO of Amazon. Why would you care about what the world thinks about Amazon's ethics? 2. Is it prudent
1. Assume that you are the CFO of Amazon. Why would you care about what the world thinks about Amazon's ethics?
2. Is it prudent to buy or sell a share of stock in a company like Facebook using only the results of two or three ratio calculations? Information on Facebook is widely available, so it's likely to be correct. Why waste time with a detailed ratio review?
3. Susie and Tim are twins. Susie invests $5,000 at age 20 and earns 5% compound interest. Tim invests $10,000 at age 40 and earns 5% compound interest. No matter how long they live, Tim will never have as much money as Susie. Explain why.
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