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academic integrity.

PHONES ALLOWED DURING EXAM TIME.

a $90$ minute limit on the exam. Once your begin the exam, you must complete it in one si Il automatically close at the $90$ minute mark.

Question $1$

How is capital structure best described in the context of corporate finance?

$q,$

The allocation between short$-$term and long$-$term assets within the firm

$$ The division of financial resources among the firm's various business units.

$$ The company's approach to managing its cash flow requirements

$$ The strategic mix of debt and equity used to fund the firm's operations.

$$ The proportionate distribution of profits between retained earnings and dividends.