Completethe Calculating Ratios Short Answer Worksheet.

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Calculating Ratios Short Answer FIN/370 Version 10 University of Phoenix Material Calculating Ratios Short Answer 1. What is \"agency theory?\" How can setting the appropriate goals for the firm minimize the agency problem? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 2. Differentiate between profit maximization and wealth maximization. ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 3. Why must organizations focus on both shareholder wealth and the stakeholders? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ 4. Differentiate between the three financial statements with which managers should be familiar. How are they linked? ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ ________________________________________________________________________________ (If needed:) References APA-formatted citation APA-formatted citation Copyright 2016 by University of Phoenix. All rights reserved. 1