Which author argues that firms should actively seek shareholders' preferences and values, and act consistently...

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Finance

Which author argues that firms should actively seek shareholders' preferences and values, and act consistently with those?

Edward Freeman

Milton Friedman

Oliver Hart

Lynn Stout

In which type of decision do financial managers conduct a rigorous analysis of the size, timing and risk of future cash flows?

Working capital management

Capital structure

Capital budgeting

Risk management

Which of the following is a disadvantage of a partnership (as a business structure)?

Difficult to transfer ownership

Relatively easy to start

Losses can offset other income

Can have limited partners with limited liability

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