Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

3. ____ equals the number of shares outstanding times the market price per share

ID: 2697664 • Letter: 3

Question

  • 3. ____ equals the number of shares outstanding times the market price per share.
    • Book value

    • Stakeholders' wealth

    • Total shareholder wealth

    • Economic value
      • 4. The existence of divergent objectives between owners and managers is one example of a class of problems arising from ____.
        • social responsibility concerns

        • age differences between managers and owners

        • agency relationships

        • union-management relations
5. Which of the following (if any) are NOT financial intermediaries?
  • commercial banks

  • thrift institutions

  • securities brokers

  • all are financial intermediaries
  • 7. All of the following are advantages of the corporate form of business organization EXCEPT:
    • unlimited liability

    • unlimited life

    • flexibility in ownership change

    • ability to raise capital

Explanation / Answer

3 share holder total wealth

4 agency relationship

5 all are financial intermediaries

6 unlimited liability

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote