FINC 301
Introductory Business Finance
There are 5 essay questions, worth 20 points each.
1) Summarize and critically examine the essay “A Fiduciary Argument Against Stakeholder Theory” by Alexei Marcoux. Apply the argument in that essay to the Business Roundtable’s 2019 “Statement on the Purpose of a Corporation.”
2) Review the book review of the book “Inside the Yield Book.” Provide
ief biographies of Martin Leibowitz and Sidney Homer, including a discussion of Homer’s book (with Richard Sylla) “A History of Interest Rates.”
3) Describe the IPO process, as described in “IPO Process: 7 Step Guide for Taking Your Company Public.” Then, describe the history of the 2019 IPO for Beyond Meat, and review the prospectus issued in that IPO. What has happened to the stock since the IPO? Do you think the stock is a good value now?
4) What is the relationship between accounting and finance? Define both of those subjects, and give your thoughts about the relationships between those two disciplines. Then, listen to this podcast interview of Jacob Soll, and provide a reflection on the importance of accounting in public governance.
5) Review the latest annual Financial Report of the U.S. Government, in light of the CPA Journal article “A True Portrait of America’s Finances” by Bill Bergman, and the chart facility at Data-Z.