"It's me or the cat!" the exasperated husband bellowed to his well-educated wife. "Hmmmm," she thought, "I could model this decision with a ________ constraint."

Capital budgeting involves ________

A) budgeting for yearly operational expenses B) preparing the sales budget for the coming year C) deciding among various long-term investments D) analyzing various alternatives of financing available to a company

Which of the following statements is/are advantages of incorporation?

A) Access to capital markets B) Limited liability C) Unlimited life D) All of the above