Answer with your own words.

1

Explain a tax-related disadvantage of the corporate form of business organization.

2

What is the purpose andgoal of the financial management

3

Why is it more important to get the maximization of value ("value maximization") that the maximization of profit ("profit maximization") as a goal of enterprise management?

By exposing your answer you should:

Indicate which are the three fundamental decisions the finance manager should take and how they affect the financial statements of the company.

Explain what is the appropriate decision criteria used by financial managers when selecting a capital project.

Justify your answer with an example to the main question.