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Short-term financial management is concerned with management of a firm's current assets and current liabilities to achieve a balance between profitability and risk. O True

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Short-term financial management is concerned with management of a firm's current assets and current liabilities to achieve a balance between profitability and risk. O True O False 0 The amount of leverage in a firm's capital structurethe mix of long-term debt and equity maintained by the firm-can significantly affect its value by affecting return and risk. True False

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