This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What does it mean to maximize the value of the firm? In general, how is value created? What factors ... (Read 28 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
on: Jul 11, 2018
What does it mean to maximize the value of the firm? In general, how is value created? What factors determine value and how does each affect the value of the firm?
 
  What will be an ideal response?

Question 2

Jerry built a home in a flood plain. He did not purchase flood insurance. Recently, a noted meteorologist predicted torrential rains for the area for the next 7 days.
 
  Jerry attempted to purchase flood insurance through the National Flood Insurance Program. Which flood insurance provision is likely to block Jerry's efforts to obtain coverage for protection against the predicted torrential rain?
  A) waiting period
  B) definition of covered flood
  C) deductible
  D) insurance limit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 11, 2018
Answer to Question 1

To maximize the value of the firm most commonly means to maximize the market capitalization of the firm for shareholders. More specifically, this means to maximize the present value of expected cash flows.

Answer to Question 2

Answer: A


Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Body Part, Method of Examination, and Equipment Used During the General Physical Examination Body Part, Method of Examination, and Equipment Used During the General Physical Examination
Factors for Tolerance Intervals Factors for Tolerance Intervals
Risk Factors of Osteoporosis Risk Factors of Osteoporosis
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
Factors Affecting the Affinity of Hb for O2 Factors Affecting the Affinity of Hb for O2
GENERAL BIO IMAGES GENERAL BIO IMAGES
Video: Inflammation Animation

For a complete list of videos, visit our video library