Question

Why would the top-level managers at Nutzandboltz, a hardware company, decide to invest free cash flow in product lines such as clothing or toys

Answer 1

"To increase the level of diversification" is the right answer.

Step-by-step explanation:

• The justification why and how the high-level managers from Nutzandboltz, a technology firm, intend to invest earnings per share throughout market segments including such merchandise as well as accessories, would be to maximize the long term growth ratio.
• The other explanation may be to minimize the chances of their jobs.

So that the above is the correct answer.