The financial manager’s financing decisions determine
A. both the mix and the type of assets found on the firm’s balance sheet.
B. the most appropriate mix of short‑term and long‑term financing.
C. both the mix and the type of assets and liabilities found on the firm’s balance sheet.
D. the proportion of the firm’s earnings to be paid as dividend.
Answer:B
The financial manager’s financing decisions determine
A. both the mix and the type of assets found on the firm’s balance sheet. B. the most appropriate mix of short‑term and long‑term financing. C. both the mix and the type of assets and liabilities found on the firm’s balance sheet. D. the proportion of the firm’s earnings to be paid as dividend.