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Author Question: A firm's ending equity equals the firms beginning equity less any change in long-term debt. ... (Read 528 times)

ericka1

Hero Member
Posts: 544

on: Jul 11, 2018

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

Sr. Member
Posts: 350

Reply #1 on: Jul 11, 2018

Answer to Question 1

FALSE

Answer to Question 2

A

ericka1

Hero Member
Posts: 544

Reply #2 on: Jul 11, 2018

Correct answers!

Eunice618

Sr. Member
Posts: 350

Reply #3 on: Jul 11, 2018

Great! Please up vote

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