There are four steps in solving one's personal financial challenges: 1. considering opportunity costs
2. assessing risks and returns
3. setting short and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
A. 2, 1, 3, 4
B. 1, 2, 3, 4
C. 4, 1, 2, 3
D. 4,2,3,1

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Environmentalists are concerned about emissions of sulfur dioxide into the air. the average number of days per year in which sulfur dioxide levels exceed 150 milligrams per cubic meter in milan, italy, is 29. the number of days per year in which emission limits are exceeded is normally distributed with a standard deviation of 4.0 days. what percentage of the years would exceed 37 days?

If a business is in need of working capital, one option is to use a(n) that will buy the company's account receivables and then handle their collection for a fee.