(TRUE or FALSE?) Company value does not depend on future cash flows, their timing, and their riskiness. FALSE O TRUE (TRUE or FALSE?) Corporations are legal entities separate from their owners unlike proprietorships and partnerships. O FALSE O TRUE (TRUE or FALSE?) Corporations cannot be taxed as separate legal entities and cannot pay their own income tax just as if they were individuals. O FALSE O TRUE (TRUE or FALSE?) Corporations exist separately from their owners, and therefore they can "live" beyond the death of their original owners. O TRUE O FALSE (TRUE or FALSE?) For businesses that sell stock publicly, the financial manager's role is to maximize the firm's profits. O FALSE O TRUE (TRUE or FALSE?) If a managing director uses a private jet even though the common stockholders do not receive enough value because private jet is too costly to the corporation, then there is no agency problem. O FALSE O TRUE (TRUE or FALSE?) It is less likely that a financial crisis similar to the 2008 may happen if the housing prices go up much more quickly than personal income. O TRUE O FALSE (TRUE or FALSE?) Larger future cash inflows raise the stock price. FALSE O TRUE (TRUE or FALSE?) Stock price maximization and stockholder wealth maximization are not the same thing. O FALSE O TRUE