EBK ENTREPRENEURIAL FINANCE
6th Edition
ISBN: 8220103600408
Author: Leach
Publisher: YUZU
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- Why is financial management so important for small and larger businesses?arrow_forwardExamine the key reasons why a business may not want to hold too much or too little working capital. Provide examples that illustrate the consequences of either situation.arrow_forwardwhat if your company is being targeted by a SPAC would that be a good thing or a bad thing? What factors would you look at to make that determination? what are the pitfalls in selling a company?arrow_forward
- Discuss how one’s personality can cause the success or the failure of one’s financial goals. Cite a specific example to illustrate your answer.arrow_forward“Too big to fail” was a common buzz phrase during the Great Recession. The idea behind it is that certain businesses are so important to an economy that disastrous consequences would result if they were allowed to fail and so government intervention is necessary. How is the concept of moral hazard relevant here?arrow_forwardHow can a small-business owner or corporate manager use financial leverage to improve the firm’s profits and return on owners’ equity? Is there a potential danger of using financial leverage?arrow_forward
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