1- When the financial manager decides to issue a bond rather that issue stock to raise funds for a new project, hes mainly making a(n) __________ decision. a- Investment b- Capital budgeting c- Marketing d- Capital structure

2- The management of ________ involves the firms daily financial operations and the current assets and current liabilities. a- Capital structure b- Working capital c- Capital budget d- Sales

3- The management of working capital involves which of the following? I- Determining the optimal level of inventory II- Determining the optimal amount of cash that is readily available III- Deciding whether to raise money through equity or through debt IV- Ensuring that enough cash is available to pay bill