Think of another company or product besides Apples iPod and note the connections between other functional areas and finance.
Answer to relevant QuestionsWhy are ethics important in corporate finance? What is the likely consequence of unethical behavior by a corporation and its managers? What are the costs and benefits of each of the three major organizational forms in the United States? Why do you think the various hybrid forms of business organization have proven so successful? Can there be a difference between profit maximization and shareholder wealth maximization? If so, what could cause this difference? Which of the two should be the goal of the firm and its management? How do depreciation and other noncash charges act as cash inflows to the firm? Why does a depreciation allowance exist in the tax laws? For a profitable firm, is it better to depreciate an asset quickly or slowly for tax ...Under what condition would the stated annual rate equal the effective annual rate (EAR) for a given deposit? How do these rates relate to the annual percentage rate (APR) and annual percentage yield (APY)?
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