BU340 Managerial Finance IDirections: Be sure to make an electronic copy of your answerbefore submitting it to Ashworth College for grading. Unlessotherwise stated answer in complete sentences and be sure to usecorrect English spelling and grammar. Sources must be cited in APAformat. Your response should be a minimum of one (1) single-spacedpage to a maximum of two (2) pages in length; refer to theAssignment Format page for specific format requirements.1. What form of partnership allows some of the investors to limittheir liability? Explain by giving examples. (25 points)2. When does insider trading occur? What government agency isresponsible for protecting against the unethical practice ofinsider trading? Explain by giving examples. (25 points)3. Explain how the tax code allows depreciation to contribute tocash flow. (25 points)4. Explain why inflation may restrict the usefulness of the balancesheet as normally presented. (25 points)