The three areas of corporate financial management we have described capital budgeting, capital structure, and working capital managementare very broad categories. Each includes a rich variety of topics, and we have indicated only a few of the questions that arise in the different areas. .

 

a What is the capital budgeting decision?

b What do you call the specific mixture of long-term debt and equity that a firm chooses to use?

c Into what category of financial management does cash management fall?