A growth mindset is the belief that the ability to learn is not fixed—that it can change with your effort. Do you agree or disagree with this belief? Explain your reasoning and give examples from your own experiences, education, or career goals to support your response. *Answer should be 5-10 sentences 

(a) What goal should always motivate the actions of a firm’s financial manager?(b) Explain why each of the following may not be appropriate corporate goals:Increase market share.Minimize costs.Underprice competitors.Maximize profits

The 2025 balance sheet of Redwood Supply Co. reported current assets of $4,880 and current liabilities of $2,140. The 2026 balance sheet reported current assets of $5,460 and current liabilities of $2,980. What was the company’s 2026 change in net working capital (NWC)?

What does liquidity measure? Explain the trade-off a firm faces between high liquidity and low liquidity levels.

Takara Systems, Inc., has sales of $892,000, operating costs of $374,000, depreciation expense of $58,000, interest expense of $41,000, and a tax rate of 24 percent.(a) What is the net income for this firm? (Hint: First build an income statement.)(b) Suppose the firm paid out $180,000 in cash dividends. What is the addition to retained earnings?(c) Suppose the firm had 92,000 shares of common stock outstanding. What is the earnings per share (EPS)? What is the dividends per share (DPS)?

Ferengi Technologies, Inc., purchased advanced sensor equipment four years ago for $9 million. The equipment could be sold today for $6.4 million. Ferengi’s current balance sheet reports net fixed assets of $4.2 million, current liabilities of $1.180 million, and net working capital of $520,000. If the firm liquidated all current assets and paid off current liabilities today, it would receive $1.70 million in cash.What is the book value of Ferengi’s total assets today? What is the sum of the market value of net working capital (NWC) and the market value of fixed assets?

What are the three types of financial management decisions? For each type of decision, give an example of a business transaction that would be relevant.

Suppose a company’s cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign?

Based on the following information for Atlas Manufacturing, Inc., construct an income statement for 2026. Use a 22 percent tax rate.ItemAmount ($)Sales5,860Cost of goods sold3,240Depreciation910Interest expense265Dividends paid410

Takeda Systems, Inc., has sales of $892,000, operating costs of $418,000, depreciation expense of $56,000, interest expense of $44,000, and a corporate tax rate of 23 percent.What is the firm’s net income? (Hint: First construct an income statement.)If the firm paid $160,000 in cash dividends, what is the addition to retained earnings?If the firm has 80,000 shares of common stock outstanding, what are the earnings per share (EPS) and dividends per share (DPS)?