Question
updated 3 years ago
Category:
Finance
What is a firm's fundamental value (which is also called its intrinsic value)? What might cause a firm's intrinsic value to be different from its actual market value?
Editor June 17, 2021
The fundamental value of a firm is based on both tangible and intangible aspects of the firm; however, market value only takes tangible aspects of a firm into account. Intrinsic price is (View full solution)
updated 3 years ago
Category:
Finance
What are the three principal forms of business organization? What are the advantages and disadvantages of each?
Editor June 17, 2021
Explanation Advantage : 1.) Sole proprietorship : Less legal compliance and requirement compared to the other two form of organization. No need to register the firm. 2.) Partnership : Flexible (View full solution)
updated 3 years ago
Category:
Finance
Define each of the following terms: a. Proprietorship; partnership; corporation; charter; bylaws Define each of the following terms: b. Limited partnership; limited liability partnership; professional corporation Define each of the following terms: c. Stockholder wealth maximization Define each of t...
Editor June 17, 2021
Explanation Foreign trade deficit: The difference between export and import is called balance of trade, when balance of trade shows negative or in other words when import exceed export in (View full solution)
updated 3 years ago
Category:
Finance
What provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act are designed to prevent a future financial crisis?
Editor June 17, 2021
Explanation The Dodd-Frank Wall Street Reform and Consumer Protection Act—typically abbreviated to simply the Dodd-Frank Act—established various new government agencies entrusted with overseeing the various segments of the act and, (View full solution)
updated 3 years ago
Category:
Finance
How did the federal government respond to the crisis?
Editor June 17, 2021
Answer The Federal government reacted as follows The first phase was where the Corona virus had spread in Wuhan China and other parts of China. The administration treated it as (View full solution)