please only provide the correct answers without further explanation

36. A highly automated plant would generally have A. more variable than fixed costs. more fixed than variable costs. C. all fixed costs. D. all variable costs. 37. A conservatively financed firm would A use long-term financing for all fixed assets and short-term financing for all other assets. B finance a portion of permanent assets and short-term assets with short-term debt. C. use equity to finance fixed assets, use long-term debt to finance permanent assets, and use short-term debt to finance fluctuating current assets. D. use long-term financing for three items: permanent current assets, fixed assets, and a portion of the short- ferm fluctuating assets. Then use short-term financing for all other short-term assets. 38. In managing cash and marketable securities, what should be the manager's primary concern? A. Maximization of profit B. Maximization of liquid assets C. Acceptable return on investment D. Liquidity and safety 39. Although debt financing is usually the cheapest component of capital, it cannot be used in excess because A. interest rates may change. B. the firm's stock price will increase and raise the cost of equity financing. C, the financial risk of the firm may increase and thus drive up the cost of all sources of financing D. underwriting costs may change. 40. Place the following investment decisions in order from the lowest risk to the highest risk a) purchase of replacement machinery b) new product in a foreign market c) new product in the local market d) repair of existing machinery A. b, c, a, d B. d, a, b, c C. d, b, a, D. d, a, c, b