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Essay text:
Capital investment decisions are long-term choices about
which projects receive investment, whether to finance that investment
with equity or debt, and when or whether to pay dividends to
shareholders. On the other hand, the short term decisions can be
grouped under the heading "Working capital management". This subject
deals with the short-term balance of current assets and current
liabilities; the focus here is on managing cash, inventories, and short-
term borrowing and lending (such as the terms on credit extended to
customers).
The terms Corporate finance and Corporate financier are also
associated with investment banking...
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