1. How can corporate bankruptcy be viewed as a change in firm ownership? Describe why a corporation would want to file for bankruptcy as well as the benefits and drawbacks of such a decision.
2. Define what is included in a management discussion and analysis section of a financial statement (that cannot be found elsewhere).
3. Suppose Capital One is advertising a 60?-month, 5.79% APR motorcycle loan. If you need to borrow $8,000 to purchase your dream? Harley-Davidson, what will be your monthly? payment? (Note: Be careful not to round any intermediate steps less than six decimal? places.)