Chapter 1 Discussion Questions 1. What advantages does a sole proprietorship offer? What is a major drawback of this type of organization? A major drawback is that there is unlimited liability to the owner. The advantage is simplicity of decision making and low organizational and operating costs. 2. What form of partnership allows some of the investors to limit their liability? Explain briefly. It allows some of the partners to limit their liability. With this arrangement‚ the partners
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CHAPTER 7 Q1) What does the shell ordinarily do while a command is executing? What should you do if you do not want to wait for a command to finish before running another command? A1) The shell goes to “sleep” until the command has been processed. You can run a program in the background‚ which will allow you to run more than one at a time. Q3) What is a PID number? Why are these numbers useful when you run process in the background? Which utility displays the PID numbers of the commands
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taxed as flow-through entities? The two main business entities that are taxed as flow-through entities are partnerships and S corporations. Partnerships are taxed under Sub-chapter K and consist of general partnerships‚ limited partnerships‚ and limited liability companies (LLC). S corporations are taxed under Sub-chapter S. Both these types of business entities are treated as flow-through entities and are taxed accordingly. 5. What is the rationale for requiring partners to defer most gains and
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This file contains FIN 515 Week 1 Homework Problems and Mini Case Business - Finance FIN515 Managerial Finance‚ Week 1 Assignment‚ got 30/30 Week 1 Homework Assignment Complete the following graded homework assignment in a Word document named “ FIN515_Homework1_yourname ." Show the details of your calculations/work in your answer to the problems. · Mini Case (p. 45) · Problems (p. 79) o 2-6 Statement of Retained Earnings o 2-7 Corporate Tax Liability
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CHAPTER 10 Cash Flows and Other Topics in Capital Budgeting ANSWERS TO END-OF-CHAPTER QUESTIONS 10-1. We focus on cash flows rather than accounting profits because these are the flows that the firm receives and can reinvest. Only by examining cash flows are we able to correctly analyze the timing of the benefit or cost. Also‚ we are only interested in these cash flows on an after tax basis as only those flows are available to the shareholder. In addition‚ it is only the incremental
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statements and the persons using the statements. (3) A misstatement of account balances may exist and is generally corrected as the result of the independent auditor’s work. (4) Poorly designed internal controls may be in existence. b. An independent audit aids in the communication of economic data because the audit (1) confirms the accuracy of management’s financial representations. (2) lends credibility to the financial statements. (3) guarantees that financial data are fairly presented
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CHAPTER 5 BOND PRICES AND INTEREST RATE RISK CHAPTER OBJECTIVES 1. The purpose of this chapter is to begin to explain how interest rate movements affect the prices of assets and liabilities of investors and financial institutions. The two chapters that follow pursue this same objective. 2. When finished with this chapter the student should understand the mechanics of bond valuation and the simultaneous determination of prices and yields in financial markets. In addition to fixed income
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FI 512 Week 3 Answer Key Chapter 6 4. Why is it usually easier to forecast sales from seasoned firms in contrast with early-stage ventures? It is usually easier to forecast a seasoned firm’s sales compared to early-stage ventures because a seasoned firm generally has an operating history. The forecast of the firm’s financials therefore could begin with the firm’s historical sales and the past relationships between sales and the other asset and liability accounts. Early-stage ventures have little
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and sister chromatids? Homologous chromosomes have the same arrangement of genes but are not connected to each other. Sister chromatids are identical: the result of DNA replication. The two connected chromatids are considered to be one chromosome. 3) What are tumor suppressor genes (11.18-11.19) and what is their role in the cell cycle? Tumor suppressor genes are genes that regulate the growth of cells. When functioning properly‚ these genes can stop the growth of tumors. They can communicate to
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Berk‚ J. and P. DeMarzo. 2007. Corporate Finance. 2nd Edition. Pearson‚ Addison-Wesley with MyLab access. The ISBN is 0-13-295-040-5. (2) Lecture Notes. The lecture notes will be posted weekly on Blackboard‚ before class. (3) MyFinanceLab: All homework and quizzes are posted on MyFinanceLab. Instructions available at the end of this syllabus. Course ID: mousavi28617 Blackboard Site A Blackboard course site is set up for this course. Each student is expected to check the site throughout
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