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FIN 571 Complete Week 1 NEW .pdf


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FIN 571 Complete Week 1 NEW
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FIN 571 Complete Week 1 NEW
FIN 571 Week 1 DQ 1 NEW
Minimizing risk is essential in the pursuit of maximizing profits. Why shouldn't a firm focus purely on
maximizing profits without regard to risk? How does the management of risk play a role in the success of an
organization?
FIN 571 Week 1 DQ 2
What is ethics? If you follow all applicable rules and regulations, are you an ethical person? Why?

FIN 571 Week 1 Individual Assignment Business Structures
Watch the "Your Business Structure" and "Corporate Business Structures" videos on the Electronics
Reserve Readings page.
Identify the different business structures.
Write a 350 to 700 word explanation of how each business structure might and might not be advantageous.
Click the Assignment Files tab to submit your assignment.

FIN 571 Week 1 WileyPLUS Assignment Practice Quiz
Multiple Choice Question 42
Which of the following business organizational forms subjects the owner(s) to unlimited liability?

a) sole proprietorship
b) partnership
c) corporation
d) a and b

Multiple Choice Question 44
Which of the following business organizational forms is easiest to raise capital?
a) sole proprietorship
b) partnership
c) corporation
d) a and b

Multiple Choice Question 50
Which organizational form best enables the owners of the firm to monitor the actions of other owners of the
same firm?
private corporation
sole proprietorship
partnership
public corporation

Multiple Choice Question 81
Which of the following factors or activities can be controlled by the management of the firm?
Stock market conditions.
Capital budgeting.
The level of economic activity.
The level of interest rates.

Multiple Choice Question 82
The legal system and market forces impose substantial costs on individuals and institutions that engage in
unethical behavior. Which of the following would not be an example of the above?
Agency conflicts.
Jail time.
Financial losses.
Legal fines.

Multiple Choice Question 48
The most common reason that corporate firms use the futures and options markets is
to make deposits.
none of these.
to hedge risk.
to take risk.

Multiple Choice Question 55
Galan Associates prepared its financial statement for 2008 based on the information given here. The
company had cash worth $1,234, inventory worth $13,480, and accounts receivables of $7,789. The
company's net fixed assets are $42,331, and other assets are $1,822. It had accounts payables of $9,558,
notes payables of $2,756, common stock of $22,000, and retained earnings of $14,008. How much long-term
debt does the firm have?
$76,342
$18,334
$54,342
$12,314

Multiple Choice Question 59

Tre-Bien Bakeries generated net income of $233,412 this year. At year end, the company had accounts
receivables of $47,199, inventory of $63,781, and cash of $21,461. It also had accounts payables of $51,369,
short-term notes payables of $11,417, and accrued taxes of $6,145. The net working capital of the firm is
None of these
$68,931
$63,510
$69,655

Multiple Choice Question 81
Which of the following best represents cash flows to investors?
Net income, minus dividends paid to preferred stockholders.
Earnings before interest and taxes times 1 minus the firm’s tax rate.
Cash flow from operating activity, plus cash flow generated from net working capital.
Cash flow from operating activity, minus cash flow invested in net working capital, minus cash flow invested
in long-term assets.


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