To maximize shareholder wealth

To minimize costs

To increase sales

To improve customer satisfaction

Equity financing

Debt financing

Retained earnings

Trade credit

A stock represents ownership in a company, while a bond is a loan to a company.

A stock is a short-term investment, while a bond is a long-term investment.

A stock pays dividends, while a bond pays interest.

All of the above.

The concept that money today is worth more than the same amount of money in the future due to its potential earning power.

The concept that money today is worth less than the same amount of money in the future due to inflation.

The concept that money today is worth the same as the same amount of money in the future.

None of the above.

The average cost of all the different sources of financing used by a company, weighted by their respective proportions in the company's capital structure.

The cost of equity financing only.

The cost of debt financing only.

The cost of preferred stock financing only.

A capital budget is used to plan for long-term investments, while an operating budget is used to plan for short-term expenses.

A capital budget is used to plan for short-term investments, while an operating budget is used to plan for long-term expenses.

A capital budget is used to plan for both long-term and short-term investments, while an operating budget is used to plan for both long-term and short-term expenses.

None of the above.

To provide information about a company's financial performance and position.

To provide information about a company's management team.

To provide information about a company's employees.

To provide information about a company's customers.

Balance sheet, income statement, and statement of cash flows.

Balance sheet, income statement, and statement of retained earnings.

Balance sheet, income statement, and statement of changes in equity.

Balance sheet, income statement, and statement of comprehensive income.

An asset is something that a company owns, while a liability is something that a company owes.

An asset is something that a company uses to generate revenue, while a liability is something that a company uses to pay expenses.

An asset is something that a company has control over, while a liability is something that a company does not have control over.

All of the above.

Equity financing involves selling ownership in a company to investors, while debt financing involves borrowing money from lenders.

Equity financing is a long-term source of financing, while debt financing is a short-term source of financing.

Equity financing is more expensive than debt financing.

All of the above.

To distribute profits to shareholders.

To attract new investors.

To increase the value of a company's stock.

All of the above.

A stock split increases the number of shares outstanding, while a stock dividend does not.

A stock split decreases the number of shares outstanding, while a stock dividend does not.

A stock split changes the par value of a share, while a stock dividend does not.

All of the above.

To increase market share.

To reduce costs.

To gain access to new markets.

All of the above.

A horizontal merger is between two companies in the same industry, while a vertical merger is between two companies in different industries.

A horizontal merger is between two companies in different industries, while a vertical merger is between two companies in the same industry.

A horizontal merger is between two companies that are competitors, while a vertical merger is between two companies that are not competitors.

None of the above.

To take a company private.

To increase the company's debt.

To improve the company's financial performance.

All of the above.