A financial manager's investment decisions determine ________. ...

[c0205847]

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

[al]

Answer to Question 1

A

Answer to Question 2

D

[c0205847]

Thanks for the timely response, appreciate it

[Liddy]

Excellent