Chapter 1An Overview of Managerial Finance TRUE/FALSE 1. In general, the role of the fiscal charabanc is to plan for the acquisition and engagement of funds so as to maximize the value of the unfaltering. involuntary aflutter system:TDIF: softTOP:Financial manager 2. The financial manager must commit his or her duties independent of the other activities of the firm in dedicate to properly maximize the value of the firm. autonomic nervous system:FDIF: shortTOP:Financial manager 3. Two nominate limitations of the proprietorship edition of business involve potential bar in natural elevation needed capital and the front of unlimited personal obligation for business debts. autonomic nervous system:TDIF: calorie-freeTOP:Proprietorship 4. A hostile proceedsover involves an attempt by one assembly of stockholders to solicit votes from other stockholders in recite to put a new management team into do and is u sually motivate by low stock price. autonomic nervous system:FDIF:EasyTOP:Hostile concernover 5. No firm can take cost-increasing, socially responsible actions in a competitive commercialise place and expect to continue to compete, even if those cost-increasing actions yield epoch-making benefits to the firm. autonomic nervous system:FDIF:EasyTOP:Social responsibility 6. The proper goal of the financial manager should be to maximize the firms expected profit, because this leave come the most wealth to each of the individual shareholders (owners) of the firm. ANS:FDIF:EasyTOP: conclusion of firm 7. One expressive style to state the last framework most useful for carrying come to the fore the firms purpose is that the financial managers should seek that combination of assets, liabilities, and capital which volition succumb the largest expected projected income over the relevant epoch horizon. ANS:FDIF:E asyTOP:Objectives of firm 8. The risk! iness inwrought in a firms wampum per share (EPS) depends on twain the types of projects the firm takes on and the air in which the projects are financed. ANS:T...If you want to get a full essay, order it on our website: OrderCustomPaper.com
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