The executive summary of a business plan presents a firm’s history and its form of organization.

What is a potential concern that results from the separation of management and ownership?

How would the use of incentive contracts potentially fail to align manager and shareholder interests?

BioGrowth Laboratories has an ROE of 18.0%. If its total equity is $5,000,000, what is its net income?

What is enterprise value (EV)?

If a company’s ROE increases from 12.0% to 18.0% over a year, what does this likely indicate?

What does the Fixed Asset Turnover Ratio measure?

Analyze the role of the board of directors in mitigating the agency problem. What is one effective method they use?

Which of the following is NOT typically considered an investing activity?

What does a debt-to-asset ratio of 0.8 indicate about a company’s financial leverage?