finance home work FIN 343.?
CHAPTER 1: ;
1) Answer all four (4) Concept Questions on page 10. ;What is an “LLC”? What is the goal of an LLC?
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;2) What is “Sarbox”? What is one of the requirements of Sarbox? What does it mean to “go dark”? What is an unintended, ironic consequence of Sarbox?
;3) What is the “Agency Problem”? Does it exist in all of the forms of business organizations? Why or why not?
;4) What is a Stakeholder? Name four possible stakeholders. ;
5) What are some of the things that can be done with the Cash Flow that comes from a company? ;
6) What is the difference between a Primary Market and a Secondary Market?
CHAPTER 2: ;
1) What is net working capital? ;
2) What is an (highly) Liquid Asset?
;3) How are assets normally listed on the Balance Sheet? ;
4) What is “financial leverage”? Read about Taxes and Cash Flow. We will cover this in class.
;5) Answer Problems # 1, 2, 3, & 4 on page 45 (book page number) under “Questions and Problems” The End! ;