FIN370 MULTIPLE choice questions use it as a guide only2
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- Which of the following statements best represents what finance is about?
a. How political, social, and economic forces affect corporations
b. Maximizing profits
c. Creation and maintenance of economic wealth
d. Reducing risk
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Consider the timing of the profits of the following certain investment projects:
Profit L S
Year 1 0 3000
Year 2 3000 0
a. Project S is preferred to Project L.
b. Project L is preferred to Project S.
c. Projects S and L are equally desirable.
d. A goal of profit maximization would favor Project S only.
- Which of the following factors enable a public corporation to grow to a greater extent, and perhaps at a faster rate, than a partnership or a...
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