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Please help answering a few questions for finance. Please use the attached word document for your answers. Must be in APA format with any references

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Please help answering a few questions for finance. Please use the attached word document for your answers. Must be in APA format with any references listed that you may have used.

image text in transcribed Calculating Ratios Short Answer FIN/370 Version 10 1 Calculating Ratios Short Answer 1. What is \"agency theory?\" How can setting the appropriate goals for the firm minimize the agency problem? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 2. Differentiate between profit maximization and wealth maximization. ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 3. Why must organizations focus on both shareholder wealth and the stakeholders? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 4. Differentiate between the three financial statements with which managers should be familiar. How are they linked? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ (If needed:) References APA-formatted citation APA-formatted citation Copyright 2016 by University of Phoenix. All rights reserved

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