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Author Question: A firm's ending equity equals the firms beginning equity less any change in long-term debt. ... (Read 106 times)

ericka1

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A firm's ending equity equals the firms beginning equity less any change in long-term debt.
 
  Indicate whether the statement is true or false

Question 2

Which of the following best describes the role of financial managers?
 
  A) Maximization of the total market value of the firm's common stock
  B) Profit maximization
  C) Risk minimization
  D) None of the above



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Eunice618

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Answer to Question 1

FALSE

Answer to Question 2

A




Eunice618

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