Please Answer the following questions (These are my answers I want to see if I am correct)

1.Select all that apply

Which of the following are possible goals of financial management?

Avoid Financial Distress and Bankruptcy

Minimize Profits

Maximize Costs

Survive

Maximize Sales or Market Share

Beat the Competition

Maintain Steady Earnings Growth

ALL OF EM

2.What problems may a financial manager encounter when trying to attain some possible goal?

Increasing

Market Share may be attained by Lowering Prices but may not be in the company's best interests

Do we mean Net Income or Earnings per Share for Profits

What do we mean by Long Run Profits?

Avoiding Bankruptcy may be attained Never Borrowing or Taking Risks but may not be in the company's best interests

ALL OF EM

3.Select all that apply

Which goals best the profitability class?

Sales SELECT

Bankruptcy Avoidance

Cost Control SELECT

Safety

Market Share

Stability

4.Corporate executives frequently using private jets for the purpose of family vacations is an example of which agency problem?

A Direct Expenditure that Benefits Management but Costs Stockholders. SELECT

A Direct Expenditure that arises from the Need to Monitor Management

Actions.

An Indirect or Lost Opportunity

Select all that apply

5.Which actions are used to align and/or replace management??

Managerial Compensation

Better Job Prospects

Takeover of the Firm

A Proxy Fight

ALL OF EM

6.The most common cited goal is probably:

Avoid Bankruptcy

Profit Maximization ANSWER

Cust Costs

Increase Market Share

7.Achieving profitability and controlling risk are analogous (not contradictory)

True ans

False

8.Which goal encompasses both profitability and risk control?

Maximizing the Current Value per Share of the Existing Stock ANS

Maximizing the Future Value per Share of the Existing Stock

9..In an initial public offering (IPO), cash is transferred:

From the firm to Financial Markets

From the financial Markets to the firm ANS

From the Firm to Assets

Please answer all Questions as I want to see if I am correct :)