Please answer questions from each chapter (professor will assign the # of which one you will do) each question must be 100+ words.

Chap 1

1(3) – What is the primary disadvantage of the corporate form of the organization? Name at least two advantages of the corporate organization?

2(11) – Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on the short-term profits at the expense of the long-term profits

Chap 2

3(9) – The 2014 balance sheet of Steelo, Inc., showed current assets of $4,630 and current liabilities of $2,190. The 2015 balance sheet showed current assets of $5,180 and current liabilities of $2,830. What was the company’s 2015 change in net working capital, or NWC?

Chap 3

4(4) – An investment project has annual cash inflows of $2,800, $3,700, $5,100, and $4,300, for the next four years, respectively. The discount rate is 14 percent. What is the discounted payback period for these cash flows if the initial cost is $5,200? What if the initial cost is $5,400? What if it is $10,400?

5(7) A firm evaluates all of its projects by applying the IRR rule. If the required return is 14 percent, should the firm accept the following project?

Chap 4

6(1) Simple Interest versus Compound Interest [LO1] First City Bank pays 8 percent simple interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. If you made a deposit of $9,000 in each bank, how much more money would you earn from your Second City Bank account at the end of seven years?