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1. Which one of the following is most likely to align management's and shareholders' interests? A Holding corporate and shareholder meetings at luxury places selected
1. Which one of the following is most likely to align management's and shareholders' interests? A Holding corporate and shareholder meetings at luxury places selected the by managers. Rewarding managers with shares of stock that must be held for at least 3 years. Paying extra management bonus on every third year of employment. B C. 2. The main goal of financial management is the most related with increasing the: I) dollar amount of each sale. II) shareholders' wealth. III) fixed costs while lowering the variable costs. IV) firm's liquidity. V) market value of the firm. A. B. C. II and IV only I and III only II and V only & 3. Bond ratings categorize bonds based on: A. B. C. liquidity, market, and default risk. liquidity, interest rate, and default risk. default risk only
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