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A conflict of interest between the stockholders and managers of a firm is referred to as the:

Asymmetric information may result in the following types of information distortions:

Stock options granted to a corporation’s managers are primarily designed to:

This class is all about capital budgeting!  From the list below, select the statement which describes a capital budgeting decision.

When establishing a new business, deciding on the form of business ownership has an impact on many aspects of the business.  The form of business structure with typically the greatest potential for agency problems is the __________________________.

Melissa’s Boutique is a small business in the 21 percent tax bracket.  The business had sales in 2019 of $820,000.  During the year, costs were $540,000 and interest expense was $36,000.   Melissa’s Boutique had depreciation expense of $59,000.  What was the net income for Melissa’s Boutique in 2019?

Type your listening answers here. Start by numbering your answers in the following way: 1. 2. 3. and so on.  

During the Warring States Period in China, one of the largest and westernmost states won the nearly 200-year civil conflict. Following its victory in the war, it founded a short-lived but important dynasty known as [BLANK-1].

A fifth-century group of Athenian thinkers were known as [BLANK-1]. This group is an example of the cultural flowering of the Athenian polis during the Hellenic Period. They applied philosophical speculation to politics and language. These thinkers questioned the beliefs and laws of Athens and they believed that excellence in politics, language, and rhetoric could be taught. They provided lessons (for a fee) to young Athenian men who wished to learn how to persuade others. Socratic thinkers and other contemporaries were contemptuous of this group, who they accused of caring more about rhetoric than reason. They also depicted them as a money-making scam.

Part 2 Short Answer ID Terms (30%): A short answer ID should briefly address the basic journalistic questions: who or what, when, where, and why. Each answer should be a coherent paragraph of at least 4-5 sentences. Be sure to discuss the historical significance – this is the most important part of your ID term. Do not leave any portion of the five options you choose blank – it is best to write something, even if you must guess somewhat. Partial credit is better than nothing.Answer FIVE (5) of the following terms:AchillesAshokaChinese CosmologyDaoismHammurabi’s CodeNefertitiThe Osiris MythThe Peloponnesian WarPericlesVardhamana Mahavira