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(10 pts) 1. Explain the relationship that exists among the following terms: the accounting equation, investing decisions, financing decisions, and effectiveness and efficiency (6 pts)
(10 pts) 1. Explain the relationship that exists among the following terms: the accounting equation, investing decisions, financing decisions, and effectiveness and efficiency (6 pts) 2. Explain what is meant by the size of the pie versus "size of the slice of the pie" in the context of this course. (9 pts) 3. Discuss what is meant by a required rate of return and how it relates to an expected rate of return
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