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Tina is recently hired as a financial analyst in a large corporation. She is shadowing her reporting manager Sam for the training and orientation process. She is on two weeks training with Sam and he has asked her to make a training document for new junior-level employees for an upcoming workshop in October 2021.Sam has guided Tina to prepare valid explanations for basic financial concepts in the following areas and asked to answer some of the following questions;
1- What is the appropriate goal of any organization?2- What does the risk-return trade-off mean?3- Why are we interested in cash flows rather than accounting profit in determining the value of assets?4- What is an efficient market and what are some of the implications of efficient markets?5- What is the cause of the agency problem and how to solve it?6- Define the following;Sole proprietorship, partnership & corporations
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