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1) The recent financial crisis was exacerbated by:
A) Extremely high interest rates in the US that stifled investments
B) Managers who underestimated the real risks of their decisions and borrowed excessively
C) A lack of financial leverage that made US firms less competitive in world markets
D) Managers who overestimated risk and hence did not invest sufficient funds.
2) Which of the following forms of business organization limits the liability of owners>
a) sole proprietorship
b) corporation
c) general partnership
d) two person partnership
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1. which index is your company a member of? explain the important characteristics of this index.2. what is the current
The present value of the following cash flows is known to be $6,939.91; $500 today, $2,000 in 1 year, and $5,000 in 2 years. What discount rate is being used?
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