Managerial Finance
Introduction
Question 1: What form of partnership allows some of the investors to limit their liability? Explain by giving examples.
Question 2: When does insider trading occur? What government agency is responsible for protecting against the unethical practice of insider trading? Explain by giving examples.
Question 3: Explain how the tax code allows depreciation to contribute to cash flow.
Question 4: Explain why inflation may restrict the usefulness of the balance sheet as normally presented.