Select all that is true about the role of financial managers and the types of financial decisions they make.
a. Determining the appropriate level of inventory is a working capital management function.
b. The optimal financial management strategy of a financial manager is to reduce the overall risk level of the firm.
c. The duties of the financial manager includes determining the capital structure and which projects the firm should undertake. M 2
d. Capital Budgeting function involves planning and determining the firm's short term investments.
e. Capital structure describes the mix of short-term liabilities a firm uses to finance its short-term assets. f. Size and timing of cash flows is important in a capital budgeting decision.