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Three Decisions that Comprise the Functions of Finance

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According to James Van Horne, what are the three decisions that comprise the functions of finance? Describe each function, and identify the role of each function in strategic management.

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This solution describes key aspects of finance decisions.

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One of the decisions that comprise the functions of finance is the determination as to the percentage of funding that will be retained by a business organization, and the percentage of funding that will be distributed to stockholders. This plays an important role in strategic management, due to the fact that it is strategically optimal that a higher ...

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