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QUESTION 1 Using examples: 1. Demonstrate why a stakeholder might be interested in your company's balance sheet? 2. Why might a stakeholder be interested in your company's income statement? Be specific about the stakeholder and detailed about their interest. Salvt All QUESTION 2 20 points In a lotter to management, your auditor reports that your company needs to tighten up it's compliance with Sarbanes-Oxley. Should you change auditors because your current one is too stringent in applying this act Act? Why or why not? Make sure your answer conveys an understanding of this Act. 10 points You and 5000 fellow cruise ship passengers are stranded on a desert Island. After many, many months of not being rescued, you begin to build a society. You have bountiful food, material for textiles, doctors and naturopaths. However, you don't have a reliable monotary system. Everyone has a suggestion. Your friends know you ve takon a business course with Professor Bage, and are looking to you to determine what they can use as money. What is an example of an item that would not work? Why? What would you suggest is used as: money and why? QUESTION 4 20 points Sivu Arthur Loolio works for the Federal Deposit Insurance Corporation. Ho arrives unannounced at your bank. What is his role? What might he be there to do and why? Bo specific For the onlar ne AIT. ALTEA Save Answer QUESTION 5 20 points Hazelann owns an ice cream parlor where she makes and sells her own ice cream. Her store is wildly popular, both for the customer service, her engaging personality, and her delicious ice cream. Her family is urging her to take advantage of the tremendous interest in her product by selling it wholesale to local stores. Hazelann is contemplating expanding her business in order to take their advice. Would you suggest Hazelann use debt financing or equity financing? Why? Be specific, and be certain to show your understanding of both types of financing 10 points Save Answer QUESTION 6 You best friend just received a $10,000 inheritance. She doesn't have any immediate needs so is planning to invest it . She's come to you for advice. Of the following securities, what would you suggest: Bonds, Mutual Funds, EFTs, Futures Contracts, or stock? Explain your choice, as well as what makes the other options a bad fit for her QUESTION 1 Using examples: 1. Demonstrate why a stakeholder might be interested in your company's balance sheet? 2. Why might a stakeholder be interested in your company's income statement? Be specific about the stakeholder and detailed about their interest. Salvt All QUESTION 2 20 points In a lotter to management, your auditor reports that your company needs to tighten up it's compliance with Sarbanes-Oxley. Should you change auditors because your current one is too stringent in applying this act Act? Why or why not? Make sure your answer conveys an understanding of this Act. 10 points You and 5000 fellow cruise ship passengers are stranded on a desert Island. After many, many months of not being rescued, you begin to build a society. You have bountiful food, material for textiles, doctors and naturopaths. However, you don't have a reliable monotary system. Everyone has a suggestion. Your friends know you ve takon a business course with Professor Bage, and are looking to you to determine what they can use as money. What is an example of an item that would not work? Why? What would you suggest is used as: money and why? QUESTION 4 20 points Sivu Arthur Loolio works for the Federal Deposit Insurance Corporation. Ho arrives unannounced at your bank. What is his role? What might he be there to do and why? Bo specific For the onlar ne AIT. ALTEA Save Answer QUESTION 5 20 points Hazelann owns an ice cream parlor where she makes and sells her own ice cream. Her store is wildly popular, both for the customer service, her engaging personality, and her delicious ice cream. Her family is urging her to take advantage of the tremendous interest in her product by selling it wholesale to local stores. Hazelann is contemplating expanding her business in order to take their advice. Would you suggest Hazelann use debt financing or equity financing? Why? Be specific, and be certain to show your understanding of both types of financing 10 points Save Answer QUESTION 6 You best friend just received a $10,000 inheritance. She doesn't have any immediate needs so is planning to invest it . She's come to you for advice. Of the following securities, what would you suggest: Bonds, Mutual Funds, EFTs, Futures Contracts, or stock? Explain your choice, as well as what makes the other options a bad fit for her