Which of the following actions is most appropriately categorized under a firm's capital

structure strategy?

Prioritizing fund allocation among investment opportunities based on adjusted risk$-$return profiles.

Deciding the ideal balance between debt and equity for financing a large$-$scale acquisition.

Setting a dividend payout ratio that is most beneficial for shareholders.

Overseeing the firm's short$-$term assets and liabilities to maintain liquidity.

Selecting the investment with the highest profitability potential from several options.