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Public corporations have access to new capital because: They are well-known, large, public companies. Investors know management has a fiduciary duty to them. Everyone knows
- Public corporations have access to new capital because:
- They are well-known, large, public companies.
- Investors know management has a fiduciary duty to them.
- Everyone knows the price of their stock.
- Their common shares and bonds trade on secondary markets.
- The SEC has approved their common shares and bonds for issuance.
- Double taxation happens to the extent a company _______
- Of the statements below, which one is the most accurate?
- Managers of a company have a duty to maximize profits.
- The Board of Directors of a company must abide by its contract with shareholders.
- The Board of Directors usually has an agency problem.
- The management of a company owes a fiduciary duty to shareholders to achieve a fair return on their investment.
- When conflicts of interest arise between shareholders and senior management, the company claws back senior managers bonuses.
- From a financial point of view, it is better to have:
- Accounts Receivables > Accounts Payables.
- Accounts Payables > Accounts Receivables, or
5.Miga Corporation built a new headquarters for $800 million with an accounting life of 40 years. Assuming straight line depreciation, after 7 years, what will the headquarters be valued at on Gigas balance sheet?
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