15/23, 6:57 PM QUESTION 1 1.1 Caps Lock Esc Ctrl Fn A @ 2 N F2 W E S #3 X F3 E D Alt BUSFIN UNIT 4 ANSWER BOOK doc Page 1 of 9 BUSINESS FINANCE: PROBLEM SOLVING EXERCISES 4 C R (1) f G Moresup B JAN21 Profitability and liquidity are usually considered to be the main objectives of working capital management. Explain why you think that these two objectives may be in conflict with each other. 1.2 Critically discuss the form of long-term financing that enables companies to obtain borrowed capital from the public. 1.3 In the pursuit of the objectives of financial management, financial managers are required to make investment decisions. Explain why one would regard these investment decisions to be one of the most important ones taken by financial managers. AME TO THEMEITATS F6 & 7 H U N F7

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