{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

e3083 - Concordia University Department of Finance John...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Concordia University Department of Finance, John Molson School of Business Commerce 308 - Homework No. 1 (Winter 2003) Due Date: Tuesday, February 25, 2003 Dr. Thomas Walker C OMMERCE 308 - H OMEWORK N O . 1 Chapter 1: 1. A business owned by a single individual is called a(n): A) Corporation. B) Sole proprietorship. C) Partnership. D) Closed receivership. E) Open structure. 2. Agency costs refer to: 3. Which of the following is an advantage of ownership of a corporation compared to that of a sole proprietorship? 4. In the evaluation of cash flow in a capital budgeting decision, which of the following must be considered? I. The size of the cash flow. II. The timing of the cash flow. III. The risk of the cash flow. 5. A business formed by two or more individuals or entities is called a(n): A) Corporation. B) Sole proprietorship. C) Partnership. D) Closed receivership. E) Open structure. P AGE 1
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Concordia University Department of Finance, John Molson School of Business Commerce 308 - Homework No. 1 (Winter 2003) Due Date: Tuesday, February 25, 2003 Dr. Thomas Walker 6. The purchase and sale of securities after the original issuance occurs in the: 7. Which of the following is the BEST description of the goal of the financial manager in a corporation where shares are publicly traded? 8. A ________________ can lose, at most, what she has already invested in a firm. I. common stockholder II. limited partner III. general partner IV. sole proprietor P AGE 2
Image of page 2
Concordia University Department of Finance, John Molson School of Business Commerce 308 - Homework No. 1 (Winter 2003) Due Date: Tuesday, February 25, 2003 Dr. Thomas Walker Chapter 5:
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern