Financial Management - Financial Management Section 1

the number of people employed in the firm.

the book value of the firm's assets less the book value of its liabilities.

the amount of salary paid to its employees.

the market price per share of the firm's common stock.

An option is a claim without any liability

The wealth of a firm is defined as the market price of the firm's stock

The maximisation of profit is often considered as an implies objective of a firm

All of the above

The capital markets are assumed to be perfect

The firms can be classified into homogeneous risk class

All Investor have the same expectations from a firm's net operating income which is necessary to evaluate the value of a firm

All of the above

Management of Pension

Management of Credit

Management of Cash

All of the above