1. Not all companies have inventory listed among their assets. When they do not have physical inventory, should they still think about inventory? What do you mean? 2. We focus in Finance on rewards for the shareholders. That is how we structure all our assessments. Many people focus on dividends as a measure of shareholder reward. Is that valid? Are there better assessments? Are dividends a good idea? 3. Not all capital budgeting decisions offer profits and returns. How should an investment in a project without a measurable return be evaluated. Think about an investment, such as compliance with a federal mandate, yhat does not ioffer a rate of retrun. How should such an investment be managed to satisfy investors?

4. Negotiation involves two or more parties seeking to come to an agreement. What constitutes a good deal? How does it affect financial reporting. Put your answer in terms of purchases and sales of assets.. 5. While value is a word we alll use, what we mean by value is not always consistent. When you think about "value," what does it mean? What did you answer as you did? 6. Currently, and for much of the last 20 years, interest rates have been very low. Finance theory says that lLow interest rates reduce the required rate of return on investments. Should this be true? or, does this suggest that we need to change our assessment of the impact of interest rates on required rates of return?