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Balik & Kiefer Inc

In: Business and Management

Submitted By charlottetachu
Words 2627
Pages 11
Synopsis: Assume that you recently graduated and have just reported to work as an investment advisor at the brokerage firm of Balik and Kiefer Inc. One of the firm’s clients is Michelle DellaTorre, a professional tennis player who has just come to the United States from Chile. DellaTorre is a highly ranked tennis player who would like to start a company to produce and market apparel that she designs. She also expects to invest substantial amounts of money through Balik and Kiefer. DellaTorre is also very bright, and, therefore, she would like to understand, in general terms, what will happen to her money. Your boss has developed the following set of questions which you must ask and answer to explain the U.S. financial system to DellaTorre (Brigham, & Ehrhardt, 2014, p. 48).

Questions:
A. Why is corporate finance important to all managers?
After reviewing the information provided for this class, it goes without saying that corporate finance is very critical for managers to understand the finances of the company; because it provides them with the much needed skills to make decisions regarding the corporate strategies and individual responsibilities that increase value within and for the company. Corporate finance is also very critical to mangers so that they are able to help forecast funding requirements or better yet, help the company acquire funds via various strategies (Brigham, et al., 2014).
B. Describe the organizational form a company might have as it evolves from a start up to a major corporation. List the advantages and disadvantages of each form.
An individual can start any form of business; however, there are three distinct forms (a) sole proprietorship, (b) partnership, and (c) corporation. On the other hand, the partnership form limits the liability to other owners via (a) limited partnership, in which limited liability partners are…...

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