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Questions: 1. Profit maximization may lead to managorial 2. If you the management salary to flim performance, problems may 3. Circle all statements that are
Questions: 1. Profit maximization may lead to managorial 2. If you the management salary to flim performance, problems may 3. Circle all statements that are not correct below. If all are corroct, do not circle anything. 1. A firm with a very high net income may also go bankrupt. II. Only external funds you can see In the balance sheet is debt. III. Assets side of the balance sheet shows historical financing decisions of the management. IV. If Current Assets are 15% of the total assets that means management is using the most of the firm investors' money to make low risk-low return investments
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