Question 12 (2 points) All of the following are the main types of decisions facing the financing manager in a company, EXCEPT FOR: Question 12 options: a. Dividend decision b. Investment decision c. Economic decision d. Financing decision Question 13 (2 points) It will NOT be sensible to reduce inventory days: (i) when the business is already suffering cash shortage (ii) when the business is unable to meet the demand for its products (i) when suppliers are already pressing for payment of overdue bills Question 13 options: a. (ii) only b. (1) and (ii) C. (ii) only d. (i), (ii) and (iii) Question 14 (2 points) If the initial after-tax cost for Tangshan Mining company's new project is RM5,000,000 and it is expected to provide after-tax operating cash inflows of RM1,800,000 in year 1, RM1,900,000 in year 2, RM700,000 in year 3, and RM1,800,000 in year 4, the payback period is: Question 14 options: a. 4.33 years b. 3.33 years c. 2.33 years d. 1.33 years Question 15 (2 points) Financial institutions and markets Question 15 options: a. are the organized financial intermediaries and the forums that promote the cycle of money. b. compose the set of financial activities that support the operations of a business. c. are the activities centered on the purchase and sale of financial assets. d. are concerned only with the addition of a multinational element to all finance activities. Question 16 (2 points) The correct item which is considered as a cash outflow is: Question 16 options: a. The company sells a building. b. The company purchases inventory. c. The company receives a bank loan. d. The company issues more shares to the public. Question 17 (2 points) Choose the correct statement. Question 17 options: a. Investments that yield a positive internal rate of return should be accepted. b. Investments that pay back in five years or less should always be accepted.c. Investments that have a positive net present value should always be accepted. d. Investments that have a positive net present value should be considered for acceptance