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1. Which business organization allows the greatest ability to 2 . Financial analysis is a necessary skill for: raise capital and protect owners legally? a.

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1. Which business organization allows the greatest ability to 2 . Financial analysis is a necessary skill for: raise capital and protect owners legally? a. Proprietorship b. Partnership a. Families c. Limited liability company b. Companies and businesses d. Corporation c. Governments d. All of the above 3. Agency cost derives from the competition between a 4. Business / firm value is maximized by if manager or employee's personal benefit / goals and the much as possible. stockholder. a. True a. True b. False b. False 5. markets raise new capital for issuers, while 6. markets provide interme markets provide liquidity and do not raise new capital. capital while provide short-te a. Long-term markets, short-term markets a. Long-term markets, short-term mark b. Primary markets, secondary markets b. Primary markets, secondary market c. Secondary markets, primary markets c. Secondary markets, primary marke d. Current markets, long-term markets d. Current markets, long-term marke

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