Q1. Say whether the following statements are True (T) or False (F) (5 marks) () 1....

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Q1. Say whether the following statements are True (T) or False (F) (5 marks) () 1. In best efforts distribution method one investment banker involved L) 2. A corporate treasurer is typically responsible for financial statements and fundraising L) 3. An advantage of the corporation is easy to enter and easy to exit C) 4. The book value of a firm can't be as its market value. () 5. Profit maximization is not a main goal of the firm, shareholders' wealth maximization is. C) 6. Financial markets exist in order to mobilize funds from deficit units to surplus units C) 7. Over-the-Counter is virtual electronic exchange. C) 8. Good corporate decisions are those that create wealth for the shareholders C) 9. Legal behavior is to do things right 10. Treasury stocks are stocks that once outstanding and have been re-purchased by the stockholders 11. The sole proprietorship and the general partnership both feature unlimited liability 12. Corporation can sue, be sued, purchase, sell, and can't own property as a legal entity 13. The true owners of the corporation are the common stockholders 14. Financial ratios analysis can be comparable. 15. Differences in the type of business can make ratio comparisons uninformative or even misleading. 16. Future value reflects the current value of a future payment or receipt 17. An advantage of financial ratios analysis is the use of accounting numbers that reflect historical data. 18. Financial ratios are useful for evaluating performance but should not be used for making financial projections. () 19. A dollar received yesterday worth less than a dollar received tomorrow. () 20. The main goal of the firm is to create value for the company's owners Q1. Say whether the following statements are True (T) or False (F) (5 marks) () 1. In best efforts distribution method one investment banker involved L) 2. A corporate treasurer is typically responsible for financial statements and fundraising L) 3. An advantage of the corporation is easy to enter and easy to exit C) 4. The book value of a firm can't be as its market value. () 5. Profit maximization is not a main goal of the firm, shareholders' wealth maximization is. C) 6. Financial markets exist in order to mobilize funds from deficit units to surplus units C) 7. Over-the-Counter is virtual electronic exchange. C) 8. Good corporate decisions are those that create wealth for the shareholders C) 9. Legal behavior is to do things right 10. Treasury stocks are stocks that once outstanding and have been re-purchased by the stockholders 11. The sole proprietorship and the general partnership both feature unlimited liability 12. Corporation can sue, be sued, purchase, sell, and can't own property as a legal entity 13. The true owners of the corporation are the common stockholders 14. Financial ratios analysis can be comparable. 15. Differences in the type of business can make ratio comparisons uninformative or even misleading. 16. Future value reflects the current value of a future payment or receipt 17. An advantage of financial ratios analysis is the use of accounting numbers that reflect historical data. 18. Financial ratios are useful for evaluating performance but should not be used for making financial projections. () 19. A dollar received yesterday worth less than a dollar received tomorrow. () 20. The main goal of the firm is to create value for the company's owners