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1. Explain the trade-off of a firm choosing long-term debt in comparison to short-term debt to finance its working capital. 2. Evaluate and discuss the

1. Explain the trade-off of a firm choosing long-term debt in comparison to short-term debt to finance its working capital.

2. Evaluate and discuss the following statement: " An increase in a firm's cash cycle certianly shows poor cash management by the firm".

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