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114 What are the two primary activities of the financial manager that are related to the firms balance sheet? 115 What is corporate governance? How

114 What are the two primary activities of the financial manager that are related to the firms balance sheet?

115 What is corporate governance? How has the Sarbanes-Oxley Act of 2002

affected it? Explain.

116 Define agency problems, and describe how they give rise to agency

costs. Explain how a firms corporate governance structure can help avoid

agency problems.

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