1. Determine the single greatest challenge to a small business' working capital. Identify at least two (2) methods this small business could use to address the identified challenge. Provide a rationale for each method that you identified.

2. Explain the major economic and / or other salient business environmental factors that are likely to impact the availability of short-term financing for a given business. Provide support for your rationale.

3. Discuss two (2) pros and two (2) cons of a business applying different capital budgeting techniques when it is faced with making wealth-maximizing decisions around investing corporate funds. Provide at least one (1) example that illustrates the potential consequences of a business deciding to apply a single technique to all corporate investment decisions.

4. Identify the most efficient capital structures for both a manufacturing company and a software development firm. Provide a rationale for your response.