Assignment
What are the three principal forms of business organization? What are the advantages and disadvantages of each?
What are financial intermediaries, and what economic functions do they perform?
Is an initial public offering an example of a primary or a secondary market transaction?
Identify and briefly compare the two leading stock exchanges in the United States today.
If a"typical"firm reports $20 million of retained earnings on its balance sheet, can the firm definitely pay a $20 million cash dividend?
What is operating capital, and why is it important?