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Financial management theory and practice
CHAPTER 1 QUESTIONS:
1-2 What are the three principal forms of business organization? What are the advantages and disadvantages of each?
1-6 What are financial intermediaries, and what economic functions do they perform?
1-7 Is an initial public offering an example of a primary or secondary market transactions?
1-9 Identify and briefly compare the two leading stock exchanges in the United States today?
CHAPTER 2 PROBLEMS:
2-3 If a “ typical firm reports $20 million of retained earnings on its balance sheet, can the firm definitely pay $20 million in cash dividend?
2-5 What is operating capital, and why is it important?
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