Determine the firm's net income based on the following information: Sales * 1 point RM4,000; Sales return - RM300; Cost of goods sold - RM1,500; Operating expenses - RM500; Interest expense - RM200; Depreciation expense RM100, Taxes - RM300 RM 1,500 RM 1,100 RM 1,400 RM 1,800 Agency problem is the: * 1 point Problems and conflicts resulting from the separation of the management and ownership of the firm. Problems and conflicts arising when an owner is managing his own firm. Risks that the company will go bankrupt due to liquidity problems. None of the above. The goal of an organization is: To maximize market share To invest in risky projects To serve the society To maximize shareholder wealth Direct finance is 17 fiarri When you borrow money directly from a commercial bank When you borrow money from the equity market When you borrow money from pension funds When you pay insurance premium Which of the following is NOT a function of "The Bank" * 7 point Manage the growth of the money supply Act as lender of last resort Administer the Bank Act Provide retail banking services The owners of a publicly traded corporation are the: * 1 point Board of Directors Taxpaying public Sharehoiders Government