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1) What is the capital budgeting decision? 2) What do you call the specific mixture of long-term debt and equity that a firm chooses to
1) What is the capital budgeting decision? 2) What do you call the specific mixture of long-term debt and equity that a firm chooses to use? 3) Into what category of financial management does cash management fall? 4) What are the three forms of business organization? 5) What are the primary advantages and disadvantages of sole proprietorships and partnerships? 6) What is the difference between a general and a limited partnership? 7) Why is the corporate form superior when it comes to raising cash? 8) What is the goal of financial management? 9) What are some shortcomings of the goal of profit maximization? 10) Can you give a definition of corporate finance? 11) What is an agency relationship? 12) What are agency problems and how do they come about? What are agency costs? 13) What incentives do managers in large corporations have to maximize share value? 14) What is a dealer market? How do dealer and auction markets differ? 15) What does OTC stand for? What is the large OTC market for stocks called? 16) What is the largest auction market in the United States
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