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Answer each question in 150 words minimum. Cite your references in APA format and match each question with the reference you used.

1. In your own words, describe the goal of financial management to both an investor and a corporation. Be sure to include references for your response.

2. Identify the three main areas of concern in corporate finance.

3. Explain the advantages and disadvantages of conducting business as a corporation.

4. Explain the importance of the balance sheet and income statement in financial decision making.

5. Imagine that you are an accountant at a major Corporation, outline the statements that you would use to report the company financials and why. Remember to use outside resources for your response and cite them.

6. Describe the difference between average and marginal tax rates.

7. Identify the sources and uses of cash represented on the statement of cash flows.

8. Describe how profitability measures are used to determine how efficiently the company manages its operations.

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