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One of the most important disadvantages of the corporate form of business is: a. limited owner liability b. ease of transferring ownership c. double taxation d. unlimited owner liability - correct answers c. double taxation Profit maximization: a. is the ultimate goal of a firm b. is a long-run concept c. always maximizes the wealth of the owners d. does not consider future cash flows or risk - correct answers d. does not consider future cash flows or risk Hillary Rotteneggs ...

FIN 300 Exam 1 Verified Questions And Answers | 100% Pass

FIN 300 Exam Actual Set Questions & Revised Correct Answers PASSED!! Profit maximization as a goal of the firm - ANSWER : Does not consider cash flow or risk Wealth maximization as a goal of the firm - ANSWER : Takes a long-run perspective and focuses on the owners of the firm A manager has responsibilities to stockholders - ANSWER : For legal and ethical issues Which of the following would least affect the value of a firm's stock - ANSWER : Market share Problems with seeki...

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