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What is the ultimate goal of the Financial Manager in a Corporation? A. Finance all projects with debt B. Maximize the shareholder value C. Maximize

What is the ultimate goal of the Financial Manager in a Corporation?

A.

Finance all projects with debt

B.

Maximize the shareholder value

C.

Maximize the number of products offered

D.

Maximize top line revenue and sales

What is the future value of $100 on deposit for 5 years at 6% simple interest?

A.

$134

B.

$130

C.

$128

D.

$125

Tesla's Model 3 is currently priced at $35,000. The price is expected to rise by 3% a year. If your local bank offers 10% interest on your deposit, how much do you need to put aside today to buy the car 5 years from now?

A.

$29,367.8

B.

$40,574.6

C.

$35,000

D.

$25,193.6

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