Extra Problems Finance- Pilloff

Extra Problems Finance- Pilloff - FNAN 301 Solutions to...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
FNAN 301 Solutions to extra problems on corporate financial management 1. Milan Office Supplies, Inc. (MOS) is a fairly large firm that does not have a chief financial officer. A large investor that owns many shares of MOS stock visits the firm to discuss the company and possible additional investments with MOS. Which financial manager at MOS is the investor most likely to meet with? The investor analyst would most likely meet with the treasurer, because one of the treasurer’s responsibilities is to maintain relationships with banks, stockholders, and other investors. The investor owns many shares of MOS stock and is therefore an investor. Moreover, the investor may increase the size of that investment. 2. Milan Office Supplies, Inc. (MOS) is a fairly large firm that does not have a chief financial officer. A government agent visits the firm to get some clarification on several items in the company’s most recent tax return. Which financial manager at MOS is the investor most likely to meet with? The government agent would most likely meet with the controller, because one of the controller’s responsibilities is to look after taxes. Other duties include preparing financial statements; managing internal accounting; and crunching numbers for capital budgeting process. 3. A consultant visits London Decorating to discuss critical issues associated with financial policy such as how much cash the firm should pay out to investors, how much cash the firm should reinvest, and how much cash the firm should borrow. Which financial manager at
Background image of page 1

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

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/16/2011 for the course FNAN 301 taught by Professor Staff during the Spring '08 term at George Mason.

Page1 / 3

Extra Problems Finance- Pilloff - FNAN 301 Solutions to...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online