1."________" deals with issues related to buying on credit, selling on credit, inventory levels, cyclical cash flows, short-term investing or borrowing, and many other issues.(Points : 20)

What do I buy? How do I pay for what I buy? How do I run my day-to-day business? How do I manage for the future?

Question 2.2.Within the framework of agency theory, managers are supposed to make decisions ________. (Points : 20)

consistent with employee needs per the instructions of the CEO that support productivity consistent with owner goals

Question 3.3." ________" is the capital structure decision.(Points : 20)

What do I buy? How do I pay for what I buy? How do I run my day-to-day business? How do I manage for the future?

Question 4.4.You might be evaluating several investment options for the firm. The best one is risky. You are aware that if the investment fails, you will likely be fired. You may opt for the safer investment that is less risky for you, even though the investment with more risk is consistent with shareholder wishes. Within the framework of agency theory, what is your decision? (Points : 20)

Choose the safer investment and inform the shareholders that the other investment is too risky for them. Choose the risky investment even though there is more risk for you. Choose the safer investment because it is less risky for you. Choose the safer investment and convince the shareholders that you did it to protect them.

Question 5.5.The first principle of financial management is that it is ________ that determine(s) the value of a business. (Points : 20)

cash flow, not profits people, not cash flow production, not profits ethics, not cash flow