1. The initial decision of what products and services to produce has a much ________ on the profitability of the firm when compared to the ________.
A) larger impact, financing decision
B) smaller impact, financing decision
C) larger impact, dividend decision
D) larger impact, investment decision
2. Bonds may be issued through either a ________ or a ________.
A) state agency; federal agency
B) public auction; private placement
C) private auction; federal auction
D) None of the above