The three basic types of issues addressed by the study of finance are
A) capital budgeting, working capital management, and investment analysis.
B) capital structure decisions, working capital management, and sustained profitability.
C) capital budgeting, investment analysis, and cash management.
D) capital budgeting, capital structure decisions, and working capital management.
Question 2
Company A has a higher days sales outstanding ratio than Company B. Therefore,
A) other things being equal, Company B has a cash flow advantage over Company A.
B) Company A must be collecting its accounts receivable faster than Company B, on average.
C) Company A has a higher percentage of cash to credit sales than Company B.
D) Company A sells more on credit than Company B.
