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9 pts Question 14 If you are hired as the new CEO of a corporation after graduation, which of the following would you consider to
9 pts Question 14 If you are hired as the new CEO of a corporation after graduation, which of the following would you consider to be your most important criterion for success from the owners' perspective? Pursue activities that maximize the current stock price Pursue activities that result in the largest profits for the year. Pursue activities that lead to the most stable stock price for the year. Pursue activities that reduce the overall riskiness of the firm, Pursue activities that maximize your personal wealth. D Question 15 9 pts Which of the following is/are correct regarding agency costs? 1. Indirect agency costs occur when managers pass up investments shareholders would prefer they take. II. Direct agency costs occur when shareholders must incur costs to monitor the manager's actions. III. Direct agency costs occur when managers buy assets considered necessary by the firm's owners. I and Il only Oll only Oll and Ill only O l only I, II, and III Question 16 9 pt
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