Indicate whether each of the following actions is primarily related to (a) acquisition of long-term assets, (b) evaluating the adequacy of financing of long-term assets, or (c) applying the matching rule to long-term assets.
1-Deciding between common stock and long-term notes for the raising of funds
2-Relating the acquisition cost of a long-term asset to the cash flows generated by the asset
3-Determining how long an asset will benefit the company
4-Deciding to use cash flows from operations to purchase long-term assets
5-Determining how much an asset will sell for when it is no longer useful to the company
6-Calculating free cash flows