Please help me to answer this. Please put correct answers only... Thank you.

1.

1. A treasurer is responsible for the firm's accounting activities, such as corporate accounting, tax management

2. A sole proprietor has unlimited liability; his or her total investment in the business, but not his or her personal assets, can be taken to satisfy creditors.

1ST STATEMENT IS FALSE

BOTH STATEMENTS ARE FALSE

BOTH STATEMENTS ARE TRUE

1ST STATEMENT IS TRUE

2.

1. An increase in a firm's risk will always result in a higher share price since the stockholder must be compensated for the greater risk.. 2. Stockholders expect to earn higher rates of return on investments with lower risk and lower rates of return on investments with higher risk.

BOTH STATEMENTS ARE TRUE

1ST STATEMENT IS TRUE

BOTH STATEMENTS ARE FALSE

1ST STATEMENT IS FALSE

3. Which of the following is the best measure of profit maximization goal?

timing of the returns

risk of the investment

retained earnings

earnings per share

4. The agency problem may result from a manager's concerns about ________.

job security

corporate goals

increasing credit worthiness

maximizing shareholder value

5. Which of the following is a duty of a financial manager in a business firm?

developing marketing plans

controlling the stock price

raising financial resources

auditing financial records

6. The amount earned during the accounting period on each outstanding share of common stock is called ________.

book value per share

dividend per share

earnings per share

net profits after taxes

7. If the CEO of a company were to pass away, what do you think would happen to price of the stock?

It would decrease because of the perceived decreased risk due of lack of near-term leadership.

It would decrease because of the perceived increased risk due of lack of near-term leadership.

It would increase because of the perceived increased risk due of lack of near-term leadership.

It would increase because of the perceived decreased risk due of lack of near-term leadership.

8. Which of the following is an area of career opportunities in managerial finance?

capital expenditures management

investment

personal financial planning

real estate and insurance

9. Which of the following legal forms of organizations is characterized by unlimited liability?

limited partnership

corporation

Cooperative

sole proprietorship

10. ________ is one of the solution to the agency problem in publicly-held corporations.

Stock split

Demotion of employee designation

Stock options

Distribution of dividends

11.

1. A financial analyst is responsible for maintaining and controlling a firm's daily cash balances.

12. Finance is concerned with the process institutions, markets, and instruments involved in the transfer of money among and between individuals, businesses, and government.

BOTH STATEMENTS ARE TRUE

1ST STATEMENT IS TRUE

BOTH STATEMENTS ARE FALSE

1ST STATEMENT IS FALSE

13. Which of the following is true of cash flows and risk?

Low cash flow and low risk result in an increase in share price.

High cash flow and low risk result in an increase in share price.

High cash flow and high risk result in an increase in share price.

Low cash flow and high risk result in an increase in share price.