Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Question
Chapter 13, Problem 4MC
Summary Introduction
Case summary:
The product is a software platform that incorporates a wide variety of media devices, including laptops, desktops, digital video recorders, and cell phones. Suppose you decide to start a company (like person S and person M). With these issues in mind, it needed to answer the following questions for potential investors. Once it has set up your business and set up procedures to run it, the plan to expand and ultimately go nationally to other colleges in the region. The main audience is the university's student body.
To determine: The type of agency costs might occur and how might lenders mitigate the agency costs.
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Chapter 13 Solutions
Financial Management: Theory & Practice
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