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5 pts Question 23 Which of the following statements is true regarding strategic financial management? o Capital budgeting refers to the issuance of debt and

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5 pts Question 23 Which of the following statements is true regarding strategic financial management? o Capital budgeting refers to the issuance of debt and equity to finance growth Capital structure decisions affect investment of long term assets Working capital management focuses on the day to day financial activities Refinancing long term debt is a working capital decision Buying new machinery is a capital structure decision 5 pts Question 24

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