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a.Please explain the trade-off a firm choosing long-term debt in comparison to short term debt to finance its working capital. (5m) b. Please evaluate and

a.Please explain the trade-off a firm choosing long-term debt in comparison to short term debt to finance its working capital. (5m)

b. Please evaluate and discuss the following statement.

-an increase in a firm cash certainly show poor cash management by the firm. (5m)

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