Please review Chapters $1$ & $2$ in the Gitman, Lawrence, and Chad Zutter, Principles of Managerial Finance, $13$th Edition,

Consider the following questions:

$1)$ What are the most common Legal Forms of Business?

$2)$ What is sole proprietorship? What is the most significant drawback of doing business as a sole proprietor?

$3)$ What advantages are created by establishing a business through a corporate structure rather than a sole proprietorship?

$4)$ Page $5$ in the Gitman text refers to a few examples of professional certifications. Why do employers value have employees with professional certifications?

$5)$ Who controls a corporation? $($Refer to Figure $1\mathrm{.}1$ in Gitman text$).$ What is the role of the board of directors? What is the role of the CEO?

$6)$ What is "finance"? How is finance related to accounting? How is finance different from accounting?

$7)$ What is managerial finance? What is the basic premise that drives decision$-$making? $($Hint: See P$.13)$

$8)$ What are Earnings Per Share $($EPS$)?$

$9)$ Why does maximizing share price not always $=$ profit maximization $($as calculated by Net Income or EPS$)?$

$10)$ What are shareholders? What are stakeholders?