Question: 4. ________ is the process by which management allocates funds among competing capital investment proposals. a. Capital budgeting b. Present value c. Capital rationing d.

4. ________ is the process by which management allocates funds among competing capital investment proposals. a. Capital budgeting b. Present value c. Capital rationing d. Neither "Capital budgeting" nor "Present value" Profit margin is calculated by _____. a. dividing operating income by sales b. dividing sales by average total assets c. dividing average total assets by average stockholders' equity d. multiplying asset turnover by financial leverage

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