Question 9 (2 points) Conflicts that arise between the interests of managers and stockholders are referred to as: ( A) Management conflicts. ( B) Stockholder conflicts. ( C) Control problems. O D) Agency problems. O E) Proxy fights. Question 10 (2 points) The primary goal of financial management is to maximize the: O A) Current value of each share of outstanding stock. O B) Compensation of the corporate officers. ( C) Number of shares of common stock outstanding. ( D) Growth rate of a firm. ( E) Book value of the firm.Question 11 (2 points) At the beginning of the year, a firm has current assets of $91,807 and current liabilities of $102,343. At the end of the year, the current assets are $89,476 and the current liabilities are $92,638. What is the change in net working capital? OA) $7,374 O B) -$8,407 O C) $11,991 OD) $2,109 OE) -$13,698 Question 12 (2 points) A firm has $1,800 in fixed assets, $400 in net working capital, $200 in accounts payable, and $100 in cash. What is the amount of the current assets? O A) $700 ( B) $600 O C) $400 O D) $500 O E) $200Question 13 (2 points) Calculate the value of total assets given the following information: total debt ratio = 0.26; total equity = $32,560. O A) $44,000 B) $55,000 O C) $11,000 O D) $33,000 OE) $22,000 Question 14 (2 points) Calculate the value of long-term debt given the following information: total debt = $100,000; debt/equity ratio = 0.40; long-term debt ratio = 0.2308. O A) $55,000 ( B) $70,000 O C) $60,000 O D) $65,000 O E) $75,000