1. Which of the following help convince managers to work in the best interest of the stockholders?
I. compensation with sensitivity to performance and stock value
24
II. allow managers to sit on the board
III. threat of removal by the board
Group of answer choices
I
I, II, III
II, III
I, III
2. S-Corp and LLC are different from C-Corp in that
Group of answer choices
They allow separation of ownership and management
They incur a lower cost in raising capital
They escape the double taxation of business profits.
Business owners are subject to limited liabilities.
3. At the beginning of the year, a firm has current assets of $380 and current liabilities of $210. At the
end of the year, the current assets are $430 and the current liabilities are $250. What is the change in
net working capital?
Group of answer choices
$40
$50
$0
-$50
$10

Answer rating: 100% (QA)

1Correct option I Note compensation with sensitivity to performance and sto... View the full answer