Treasury bills (T-bills) may be purchased by individuals, and require a minimum investment of $100 par value

In planning and managing the requirements of a firm, the financial manager is concerned with ________

A) the mix and type of assets, but not the type of financing utilized B) the type of financing utilized, but not the mix and type of assets C) the acquisition of fixed assets, allowing someone else to plan the level of current assets required, and the market value of the share D) the mix and type of assets, the type of financing utilized, and analysis in order to monitor the financial condition

What is the future value in year twelve of an ordinary annuity cash flow of $6,000 per year at an interest rate of 4.00% per year?

A) $90,154.83 B) $93,761.02 C) $28,675.97 D) $32,117.08