Question: 1. What do financial managers use to help them plan for periods during the year in which their firm will either generate large cash surpluses

1. What do financial managers use to help them plan for periods during the year in which their firm will either generate large cash surpluses or cash deficits? A. The operating cycle B. The Baumol model C. The Miller-Orr model D. The cash budget

2. Suppose that a firm has a retention rate of 45 percent, net income of $18 million, and 88 million shares outstanding. What would be the dividend per share paid out on the company's stock? A. $0.1175 B. $0.1315 C. $0.1125 D. $0.1252

3. Gross fixed assets change in almost every project at the A. beginning and middle. B. beginning. C. end. D. beginning and end.

4. Gross fixed assets change in almost every project at the A. beginning and middle. B. beginning. C. end. D. beginning and end.

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