1. The primary goal of financial management is to:
[A] maximize current dividends per share of the existing stock.
[B] minimize operational costs and maximize firm efficiency.
[C] maximize the current value per share of the existing stock.
2. Which one of these terms refers to a conflict of interest between the stockholders and managers of a corporation?
[A] Corporate activism
[B] Breach of indemnity
[C] Agency problem
3. Your _____ tax rate measures the total taxes you pay divided by your total taxable income.
[A] average
[B] marginal
[C] total