CHAPTER 1: 1) Answer all four (4) Concept Questions on page 10. What is an LLC ?
What is the goal of an LLC? 2) What is Sarbox ?
What is one of the requirements of Sarbox?
What does it mean to go dark ?
What is an unintended, ironic consequence of Sarbox? 3) What is the Agency Problem ?
Does it exist in all of the forms of business organizations? Why or why not? 4) What is a Stakeholder?
Name four possible stakeholders. 5) What are some of the things that can be done with the Cash Flow that comes from a
company? 6) What is the difference between a Primary Market and a Secondary Market?CHAPTER 2: 1) What is net working capital? 2) What is an (highly) Liquid Asset? 3) How are assets normally listed on the Balance Sheet? 4) What is financial leverage ?
Read about Taxes and Cash Flow. We will cover this in class. 5) Answer Problems # 1, 2, 3, & 4 on page 45 (book page number) under Questions and
The End! Chap001.pdf Chap002.pdf
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