A. From the scenario, cite your forecasting conclusions (financial data from TFC’s financial statements and forecasted statements) that support TFC’s to expand to the West Coast market. Note: the response has to include specific operational, financial, and forecasted data that support the conclusions.
Speculate as to whether or not the agency conflicts discussed in the scenario could become a roadblock to your conclusions. What are the reasons for your response?
B. What are two (two) desired characteristics of a board of directors? Provide support for your response by explaining how these characteristics usually lead to effective corporate governance.