Question: Question 1: Statement 1: Financing decisions determine both the mix and the type of assets held by the firm. True or False? Statement 2: Investment
Question 1:
Statement 1: Financing decisions determine both the mix and the type of assets held by the firm. True or False?
Statement 2: Investment decisions determine both the mix and the type of financing used by the firm. True or False?
Question 2:
When factoring accounts receivables, the factor is the
a. Financial institution that buys the A/R
b. Method of determining how much money is lent to the firm
c. Negotiated accounts receivable account
d. Percent deduction in payment to the firm
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