Question: Please help me with this question a. Question 1 5 points Chapter 1 In 1970, an American economist and a Nobel prize laureate, Milton Friedman,

Please help me with this question

a. Question 1 5 points Chapter 1 In 1970, an American economist and a Nobel prize laureate, Milton Friedman, argued that "the primary purpose of a corporation is to generate profits". Critically evaluate Friedman's statement. Do you agree or disagree with this view? If yes, why yes? If not, why not? Support your opinion with an explanation. (1 point) b. If you were an investor, discuss whether you would be more interested in the company's cash flow or its net income. Support your opinion with an explanation. (1 point) c. Describe what an agency problem is and explain whether it could exist in a partnership. (1 point) d. Analyze the ratios, covered in Chapter 4, which are used by corporations to evaluate financial performance. Name at least TWO ratios which belong to more than one ratio category and justify your answer. (1 point) e. Discuss any TWO similarities between a partnership and a corporation. (1 point)

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