Bfin 300 - Study guides, Class notes & Summaries

BFIN 300 Final Exam Questions With Solutions Corporation Considered a legal person, separate and distinct from its shareholders. Shareholders select the board of directors, and the board selects the management team. Most important form of business in the US. Ownership can be easily transferred. Corporations suffer double taxation, pays taxes on its earnings and then shareholders also pay taxes. Sarbanes-Oxley Act Enacted by congress, requires each publicly traded company to give an a...

BFIN 300 Test Questions with Correct Answers Which one of the following accounts is the most liquid? a.) Inventory b.) Building c.) Accounts Receivable d.) Equipment e.) Land - Answer-c.) Accounts Receivable Noncash items refer to: a.) Accrued expenses b.) Inventory items purchased using credit c.) The ownership of intangible assets such as patents d.) Expenses which do not directly affect net cash flows e.) Sales which are made using store credit - Answer-c.) The ownership ...

BFIN 300 Midterm Questions with Complete Solutions what questions do corporate finance seek to answer - Answer-what long term investments are needed, where to get long term financing, how to manage daily activities, how will financial decisions impact the company and its shares job of managers - Answer-represent shareholders and make collective decisions to maximize profits and share price what is capital budgeting - Answer-identifying investment opportunities that are worth more to the ...

BFIN 300 Midterm Exam Questions and Answers All Correct The process of planning and managing a firm's long-term investments is called: A. Capital Budgeting B. Working Capital C. Profit Maximization D. Capital Structure - Answer-A. Capital Budgeting Which of the following is an example of an indirect agency cost? A. Unnecessary corporate expenditure B. Management auditing expense C. A lost opportunity D. All the above - Answer-A. Unnecessary corporate expenditure Which of ...

BFIN 300 Final Exam Questions and Answers

BFIN 300 Midterm Exam Questions with Correct Answers Which of the following is an example of an indirect agency cost? A. Unnecessary corporate expenditure B. Management auditing expense C. A lost opportunity D. All of the above - Answer-C. A lost opportunity Which of the following forms of business organization is subject to double taxation? A. Corporation B. Partnership C. Limited Partnership D. Sole Proprietorship - Answer-A. Corporation Control of a firm ultimately re...

BFIN 300 Midterm Exam Questions and Answers with Verified Solutions The process of planning and managing a firm's long-term investments is called Capital Budgeting Which of the following is an example of an indirect agency cost? A lost opportunity Which of the following forms of business organization is subject to double taxation? Corporation Control of a firm ultimately rests with The Stockholders Which of the following should a financial manager take into account when consid...

BFIN 300 Review Questions With Solutions Which of the following forms of business organization is subject to double taxation? A. Corporation B. Partnership C. Limited Partnership D. Sole Proprietorship A. Corporation Control of a firm ultimately rests with. . . A. The CEO B. The SEC C. The Stockholders D. The Founder C. The Stockholders

BFIN 300 test 2qestions and answers