The indirect and direct methods use different computations but produce the same amount of net cash flow from operating activities
Indicate whether the statement is true or false
TRUE
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What will be an ideal response?
Peyton, the new marketing director at his company, has been asked to write a report for the board of directors on a new corporate image for the company. The report must include an executive summary. What components should the executive summary include?
The proposed deal structure should—
a. omit the possibility of selling interest in the company after a period of time. b. refer to the capital structure outlined in the pro forma financial statements. c. state clearly what the business plan writerasks of lenders and investors. d. describe the deal in terms of its benefits to the entrepreneur. e. all of the above(a-d).
Which of the following goals of the firm is equivalent to the maximization of shareholder wealth?
A) Profit maximization B) Risk minimization C) Maximization of the total market value of the firm's common stock D) None of the above