Question #$1$

What should a client who has inquired about hybrid securities be advised to purchase?

A$)$ Treasury bonds

B$)$ Preferred stock

C$)$ Common stock

D$)$ Municipal bonds

Question #$2$

Which operating cycle should a financial manager understand to properly manage the amount of funding needed to meet daily operations?

A$)$ Investment cycle

B$)$ Sales cycle

C$)$ Manufacturing cycle

D$)$ Cash cycle