Author Question: A financial manager's investment decisions determine ________. A) both the mix and the type of ... (Read 170 times)

c0205847 · **on:** Jul 10, 2018

A financial manager's investment decisions determine ________.

A) both the mix and the type of assets found on the firm's balance sheet
B) both the mix and the type of liabilities found on the firm's balance sheet
C) both the mix and the type of assets and liabilities found on the firm's balance sheet
D) both the mix and the type of short-term and long-term financing

Question 2

A firm is evaluating a proposal which has an initial investment of 35,000 and has cash flows of 10,000 in year 1, 20,000 in year 2, and 10,000 in year 3. The payback period of the project is ________.

A) 1 year
B) 2 years
C) between 1 and 2 years
D) between 2 and 3 years