Part A

Part B

One summary of the goal of financial management is that it "seeks the best allocating of ... under through time." O projects; capital constraints O investments; market conditions resources; uncertainty O cash; management In order to maximize firm stock price, the practical task of a firm will be to maximize the firm's intrinsic value. This can most directly come from increasing the firm's projected and/or decreasing the firm's O profit; debt stockholders' equity; tax rate free cash flows; cost of capital cash; items payable